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ITEM EX5 - ANNEX B

EXECUTIVE – 28 MAY 2002

BUDGET MONITORING

Estimated Corporate Reserves/Balances

Executive
22 Jan 02

Executive
28 May 02

31 Mar 02

31 Mar 03

31 Mar 02

31 Mar 03

 

£m

£m

£m

£m

Revenue Balances

3.0

6.0

3.0

6.2

 

City Schools Revenue Shortfall

-1.7

-3.0

-1.8

-3.4

 

Carry Forward Reserve

-3.3

0.0

-2.8

0

 

Capital Reserve

4.0

0.0

3.1

0

 

Total

2.0

3.0

1.5

2.8