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<p>Budgets for sixth form colleges are not set separately from budgets for other providers.
The overall 16-19 budget set for each financial year is a forecast of anticipated
spend. Actual spend varies from this because it is based on set funding rates per
student. If actual student numbers are lower than forecast, the department works in
conjunction with the Treasury to try to reallocate any underspends to other priorities
in a way that maximises value for money. This could include a proposal to redeploy
the funding to the next financial year. If alternative value for money activities
cannot be identified, the funding is returned to the Treasury to support the overall
fiscal position.</p><p> </p>
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