School Budgets 2024/25 - some light....

Schools Forum agreed use of DSG Reserves for:

• Emergency Repairs – Schools Forum agreed to use £200k to support an increasing number of LA maintained schools who are being faced with urgent repairs to their buildings which are not able to be funded by their own school budgets due to their own budgetary restraints. Paying for such repairs from the school budget would mean that their projected deficit grows leading to difficulties in achieving a balanced position at the end of three years. A proposal for funding would be considered if the following criteria were met:

The school buildings are maintained by the LA

The school does not have the necessary funds to meet these repair costs i.e. they are in a deficit position or these repairs would place the school into deficit

The repairs are deemed essential (by the LA) and are exceptional and unforeseen

The repairs are not the result of ineffective maintenance by the school

The repairs are not covered by the funding the schools get directly for maintenance and repair (Devolved Capital Funding)

□ It is a revenue cost and cannot be capitalised

The £200,000 allocated for the year has not been used up