(i) that the deficit budgets for the following schools for 2011/12 be approved:
|
|
Years in Deficit |
Deficit |
|
Ludlow Junior School |
1 |
£19,000 |
|
Chamberlayne College of the Arts |
3 |
£57,000 |
|
St George Catholic VA College |
5 |
£37,000 |
|
Vermont School |
9 |
£42,000 |
|
Total Requested |
|
£155,000 |
(ii) that unless the school can demonstrate at a meeting in September that their recovery plan is achievable, notice will be given that a deficit application in 2012/13 will not be supported.
(iii) to note that the approval of the above deficits does not confirm the Council's acceptance of the management of the overall financial position in relation to the schools in question, or in any way limit or remove the Council's power to undertake intervention action in schools in accordance with the Scheme for Financing Schools or otherwise, as provided for under the Education Acts.
(iv) to delegate Authority to the Director of Children's Services and Learning, following consultation with the Head of Finance and the Cabinet Member for Children's Services, to take any intervention action necessary under the Scheme for Financing Schools or otherwise as provided for in the Education Acts, to secure to good management and governance of Southampton schools or to otherwise address the financial or performance management of maintained schools in Southampton.