Decision details
Academisation Finance Policy and Procedure
Decision Maker: Executive
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Decision:
Following consideration of the officer report and discussion, the Executive:
a. Agreed to an amendment to the Core Offer contract.
b. Approved the Council’s academy charge for schools electing to convert to academy status.
c. Approved the proposal to apply Department for Education guidance when dealing with surplus and deficit balances on conversion to academy status.
d. Agreed to implement the proposal at (c) in relation to surplus and deficit balances effective from the date of decision (2 August 2023).
ALTERNATIVE OPTIONS CONSIDERED: As set out in the officer report
REASON FOR DECISION: As set out in the officer report
Publication date: 02/08/2023
Date of decision: 02/08/2023
Decided at meeting: 02/08/2023 - Executive
Effective from: 10/08/2023
Accompanying Documents: