PAPER C

CASH LIMIT 2004 -2005 LINKED TO INCREASE IN EFSS

Details:

Source

£

£

A1

- 2003 - 2004 SCHOOLS FSS

- Final Notification ODPM February 2003

56,360,861

A2

- 2003 - 2004 LEA FSS

- Final Notification ODPM February 2003

8,472,949

A

2003-2004 EDUCATION FORMULA SPENDING SHARE

A

64,833,810

B1

- 2004 - 2005 SCHOOLS FSS

- ODPM notification 19.11.2003

59,147,000

B2

- 2004 - 2005 LEA FSS

- ODPM notification 19.11.2003

8,727,000

B

2003-2004 EDUCATION FORMULA SPENDING SHARE

B

67,874,000

C

INCREASE IN EFSS 2003 -2004  &  2004 - 2005

C

3,040,190

D

PERCENTAGE INCREASE IN EFSS 2003 -2004  &  2004 - 2005

%

D

4.7

D1

- Controlled Expenditure 2003-2004

Budget Settlement Final Allocation 2003-04

63,905,004

- Building maintenance

- do -

483,030

- BVACOP

- do -

508,521

- Central Support

- do -

717,086

E

CASH LIMIT 2003 - 2004

E

65,613,641

- Increase Cash Limit by a sum EQUAL to the

increase in the EFSS in thousands

3,040,359

F

PROVISIONAL CASH LIMIT 2004 - 2005

F

68,654,000

MAXIMUM SUM AVAILABLE LEA BLOCK 2004 - 2005

G1

- Provisional Cash Limit 2004 - 2005

68,654,000

G2

LESS: School Budget 204-2005 PASSPORT

requirement

-60,631,000

MAXIMUM AVAILABLE FOR LEA BLOCK 2004 - 2005

G

8,023,000

H1

- Cost of LEA Services Block Section 52 2003-2004

7,860,461

MAXIMUM TO FUND PAY & PRICE INCREASES + UNPLANNED GROWTH

H

162,539

I

PERCENTAGE INCREASE IN LEA BLOCK THRESHOLD 2004 - 2005

%

I

2.07

MEMO:  Section 52 school budget 2003-2004 Line 3 as adjusted for LSC Funding

- 2003-2004 s52 Total Revenue Expenditure

- Section 52 Table One Line 3

71,178,564

LESS: LSC Funding 2003-2004

-5,848,802

ADD: Adjust for LSC SEN costs

375,406

-5,473,396

NET REVENUE EXPENDITURE EXCLUSIVE OF LSC FUNDING

J

65,705,168