funding. Tracy to obtain details of the formula used to calculate this funding and present it at the next meeting. Question from Governors: Do we need to purchase maternity, redundancy and LTS insurances? Answer: Yes. We do not have any problem with short term illness but have had several incidences of LTS that this insurance has been very worthwhile. Cheshire East Catering is increasing their school meal price by 10p per meal with effect from September. It was agreed that we should raise our price by 10p too to £2.35. Tracy to update the website. If we are aiming to this year, completing the Governor achieve ‘good’ Training Needs Analysis is essential. We appear to be on track but there are some tasks that our still outstanding; Governor TNA and Admin Handbook. Craig Hughes to complete the Governor TNA and present the analysis at the next meeting. Tracy to develop an Admin Handbook by the end of Autumn Term. We successfully created 3 x Earmarked Reserves from the 2015-16 budget; £3.5K for extensive exterior renovation and cyclical and preventative maintenance requiring the hiring of external contractors e.g. 5 Year Fixed Electrical Test, £3k for cyclical maintenance of IT equipment and £4k for SENCO training, development of distributed role, RQT development and improving the quality of teaching appointment of – external advisor. Why did we need to do this? Question from Governors: Answer: These are projects contained in our SDIP and because our carry forward for 2015-16 was slightly higher than predicted, we could potentially have been in a This was undertaken to ‘clawback’ situation. our funds. ‘safeguard’ SIP/Independent Advisor the governors confirmed Fiona – as our SIP for 2016/17 and agreed that Paul Sweetnam could appoint Fiona Burke-Jackson as required as Independent Advisor. School Fund Audit the governors agreed that Ken Wallington could – be used again this year. October 17th @ 5pm. Signed: Claire Carman Date: 17th October 2016 Action Action By Whom When
funding. Tracy to obtain details of the formula used to calculate this funding and present it at the next meeting. Question from Governors: Do we need to purchase maternity, redundancy and LTS insurances? Answer: Yes. We do not have any problem with short term illness but have had several incidences of LTS that this insurance has been very worthwhile. Cheshire East Catering is increasing their school meal price by 10p per meal with effect from September. It was agreed that we should raise our price by 10p too to £2.35. Tracy to update the website. If we are aiming to achieve ‘good’ this year, completing the Governor Training Needs Analysis is essential. We appear to be on track but there are some tasks that our still outstanding; Governor TNA and Admin Handbook. Craig Hughes to complete the Governor TNA and present the analysis at the next meeting. Tracy to develop an Admin Handbook by the end of Autumn Term. We successfully created 3 x Earmarked Reserves from the 2015-16 budget; £3.5K for extensive exterior renovation and cyclical and preventative maintenance requiring the hiring of external contractors e.g. 5 Year Fixed Electrical Test, £3k for cyclical maintenance of IT equipment and £4k for SENCO training, development of distributed role, RQT development and improving the quality of teaching – appointment of external advisor. Question from Governors: Why did we need to do this? Answer: These are projects contained in our SDIP and because our carry forward for 2015-16 was slightly higher than predicted, we could potentially have been in a ‘clawback’ situation. This was undertaken to ‘safeguard’ our funds. SIP/Independent Advisor – the governors confirmed Fiona as our SIP for 2016/17 and agreed that Paul Sweetnam could appoint Fiona Burke-Jackson as required as Independent Advisor. School Fund Audit – the governors agreed that Ken Wallington could be used again this year. October 17th @ 5pm. Signed: Claire Carman Date: 17th October 2016 Action Action By Whom When
Finance+Committee+Meeting+040716+Minutes+Part+1.docx