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: