Issue details

Primary School Places in Ascot – Cheapside Church of England Primary School

The school has been expanded to provide an additional 105 places across all seven year groups to meet the demand for school places in Ascot. This exceptional expansion subjects the school’s revenue budget to cash-flow issues until most of the places are taken. This report seeks approval to provide a credit facility, up to a maximum of £250,000, to be paid back over a maximum of ten years.

Decision type: Key

Reason Key: Expenditure - revenue £500,000 or greater or 20% of the relevant budget heading;

Decision status: For Determination

Notice of proposed decision first published: 27/06/2018

Explanation of anticipated restriction:
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Decision due: 26 Jul 2018 by Cabinet

Lead member: Cabinet Member for Children's Services, Education & Windsor

Contact: Kevin McDaniel, Executive Director of People Services Email: kevin.mcdaniel@rbwm.gov.uk.

Consultation process

Internal process

Has/have the Cabinet Member(s) agreed to the item being added?: yes