§ Mr. PorterTo ask the Secretary of State for Education and Employment how much money local education authority schools in Suffolk and Norfolk had in reserve, deposit and holding accounts(a) as a total amount and (b) as a percentage of the total available to be spent on schools in each of the last three years. [2048]
§ Mr. Robin SquireThe following table shows in column 1 for Norfolk and column 3 for Suffolk, the total financial balances, net of any deficits, held at the end of each year by the schools covered by each local education authority's scheme for the local management of schools. The figures have been derived from the LMS outturn statements produced by the LEAs for the relevant years. Columns 2 and 4 show, for each LEA respectively, the balances expressed as a percentage of the general schools budget—less capital expenditure and capital finance costs—shown at the beginning of each year in the LMS budget statement.
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Norfolk Suffolk Financial year 1 £000 2 Per cent. 3 £000 4 Per cent. 1993–1994 9,199 4.7 13,500 7.1 1994–19951 9,262 4.4 11,487 5.7 1995–19961 7,929 3.9 10,916 5.2 1 Includes special schools.