Revenue and capital grants expected by the council this year have been slashed by £7.93m.
A £3.1m reduction in the area-based grant for children's services means there will have to be funding reductions in the way the council supports schools in areas such as under-attainment, attendance, healthy eating, extended services and travelling to school initiatives.
The county council is still waiting for a decision on whether there will be a £602,000 cut in the grant for the Playbuilder scheme, a £225,000 cut in the Aiming High for Disabled Children capital grants, and a £925,000 cut to the capital grant for children's centres.
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