Decision details

DECISION:

·        To note and accept GwE Joint Committee Revenue Income and Expenditure Account for 2024/25, an overspend of £523,065, to be funded via contributions from the authorities.

·        To approve financial transfers of £221,310 from the underspend fund, and £312,547 from the Newly Qualified Teachers (NQT) fund to reduce the GwE overspend in 2024/25.

·        To approve the final financial position for 2024/25, which will be the basis for GwE statutory financial statements for the year, to be produced, certified and published by the host authority's Finance Department within the statutory timescale.