A Report by the Director of Children, Families and Education, presented by the Senior Finance Business Partner provided a summary of the year-end revenue position for the 2022/23 financial year for Children, Families and Education.

The report provided Members with an overview of budget performance, including progress on the delivery of the 2022-23 saving programme and a summary of reserves to enable the Committee to take ownership of the budgets and provide robust challenge and scrutiny to Officers on the performance of those budgets.

It was outlined that how, at the end of Quarter 1, there was a forecast favourable position of £0.505m on the Committees net revenue budget of £79.234m. Members were advised how the position is based on activity to date and projected trends in income and expenditure and potential mitigation to offset areas of adverse/ favourable variance.

Pressures were identified within the service including: Special Educational Needs( SEN) services whereby there is a backlog of production of Educational Health Care Plans ( EHCP’s), transport to schools services, the prospect of a pay award, inflation and children in care.

Resolved – That

(1)  the forecast revenue position presented at Quarter 1 be noted

(2)   the progress on delivery of the 2022-23 savings programme at Quarter 1 be noted

(3)   the forecast level of reserves at Quarter 1 be noted; and

(4)  the forecast capital position presented at Quarter 1 be noted.