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Issue - meetings

Under 5s childcare fee increase

Meeting: 18/05/2023 - Executive (Item 117)

117 Under 5s childcare fee increase consultation pdf icon PDF 395 KB

Additional documents:

Decision:

AGREED recommendations.

 

Reasons for the decision – as detailed in the report

Other options considered – none

Conflicts of interest / dispensations granted – none

 

Minutes:

RESOLVED:

(a)  To approve under 5s childcare fee increases with the following adjustments: 

 

·       Reduce the increase to fees for higher earning households from 8% down to 6% in year 1

·       Raise the household income threshold for a 6% increase in year 1 from £90K (band 9) to £100K and above (bands 10, 11 and non-subsidised/marketed)  

·       Review increases in year 2 and 3 for household incomes above £100K depending on inflation, occupancy at council subsidised nurseries, and the financial implications of the new free childcare entitlements outlined in the spring budget 2023

(b) To approve the consultation report to allow for implementation of the childcare fee increases in September 2023.

 

Reasons for the decision – To accord with the Council’s standard policy to increase childcare fees by 2% each September, delivering a saving of £100k against the childcare subsidy budget.

Other options considered – none

Conflicts of interest / dispensations granted – none