Greenwich Council faces a significant funding shortfall of £18.1 million for its schools, primarily driven by pressures within the High Needs Block.
The issue was highlighted during a Cabinet meeting on Wednesday, 23 September 2026, where the Council's financial outturn for the 2025/26 financial year was discussed. The Dedicated Schools Grant (DSG) reported a substantial £18.1 million overspend.
This overspend is largely attributed to pressures within the High Needs Block, which funds support for children with special educational needs and disabilities. The report detailed departmental variances, savings slippage, and management actions being taken to address financial pressures.
The Cabinet noted the Council's revenue outturn position for the 2025/26 financial year. While the General Fund reported a balanced position with a £0.1 million underspend and the Housing Revenue Account (HRA) also showed a favourable variance with a £1.1 million underspend, the DSG overspend remains a significant concern.
Further details on departmental variances, savings slippage, and management actions being taken to address financial pressures were outlined in the report.