School finance

The Council has provided financial statements relating to Children's Services.

The statements consist of a series of tables that show the allocation and expenditure of resources to schools and all other aspects of Children's Services.

Section 251 Budget Statement

Under Section 251 of the Apprenticeships, Skills, Children and Learning Act 2009, the Local Authority is required to prepare and submit a budget statement before the start of the financial year for the prescribed period to the Secretary of State for Education. Section 230 of the Local Government Act 1972 also gives powers to the Secretary of State to collect financial information relating to the children's services element of the statement.

The statement consists of a series of tables that show the allocation of resources to schools and all other aspects of children's services. The statement may be revised during the year for confirmed changes in funding of the dedicated schools grant and other grants, and for the carry forward of dedicated schools grant from the previous year.

The size of the schools budget and the amounts to be allocated to each factor depend on decisions taken by the local authority and its Schools Funding Forum before the prescribed period. The budget statements are a means of informing schools and the public about the local authorities funding plans.

The statement is intended to provide a clear picture of the Local Authorities planned expenditure:

  • how much the local authority plans to spend on the local authority budget outside the schools budget
  • how much the local authority proposes to retain centrally within the schools budget for services to schools
  • how the local formula works to produce budget shares for each maintained school

The tables are in a common format that allow comparisons between local authorities to be made easily, to inform debate about budget levels and other funding issues.

The Department for Education maintains a website that provides this information for all local authorities.

Section 251 Budget Statement 2016-17
The prescribed period for this budget statement covers the financial year 2016-17. This demonstrates the local authority spend on schools budget, de-delegated items, high needs budget, early years budget, central provision within the schools budget and children and young people's services. The size of the schools budget and the amounts to be allocated to each factor depend on decisions taken by the local authority and its Schools Funding Forum before the prescribed period.

Section 251 Budget Statement 2015-16
The prescribed period for this budget statement covers the financial year 2015-16. This demonstrates the local authority spend on schools budget, de-delegated items, high needs budget, early years budget, central provision within the schools budget and children and young people's services. The size of the schools budget and the amounts to be allocated to each factor depend on decisions taken by the local authority and its Schools Funding Forum before the prescribed period.

Section 251 Budget Statement 2014-15
The prescribed period for this budget statement covers the financial year 2014-15. This demonstrates the local authority spend on schools budget, de-delegated items, high needs budget, early years budget, central provision within the schools budget and children and young people's services. The size of the schools budget and the amounts to be allocated to each factor depend on decisions taken by the local authority and its Schools Funding Forum before the prescribed period.

Section 251 Budget Statement 2013-14
The prescribed period for this budget statement covers the financial year 2013-14. This demonstrates the local authority spend on schools budget, de-delegated items, high needs budget, early years budget, central provision within the schools budget and children and young people's services. The size of the schools budget and the amounts to be allocated to each factor depend on decisions taken by the local authority and its Schools Funding Forum before the prescribed period.

Section 251 Budget Statement 2012-13
The prescribed period for this budget statement covers the financial year 2012-13. The size of the schools budget and the amounts to be allocated to each factor depend on decisions taken by the local authority and its Schools Funding Forum before the prescribed period.

Section 251 Budget Statement 2011-12
The prescribed period for this budget statement covers the financial year 2011-12. The size of the schools budget and the amounts to be allocated to each factor depend on decisions taken by the local authority and its Schools Funding Forum before the prescribed period.

Section 251 Outturn Statement

Under Section 251 of the Apprenticeships, Skills, Children and Learning Act 2009, the local authority must prepare an outturn statement after the end of each financial year for submission to the Secretary of State for Education.

The Statement provides details of:

  • funding and expenditure by the local authority (Table A)
  • expenditure on children's and young people's services (Table A1)

Its purpose is to inform schools, parents and others with an interest in education, to inform policy making, and to meet reporting requirements set by Parliament and the Treasury.​

Scheme for Financing Schools

In accordance to Section 48 of the School Standards and Framework Act 1998 and Schedule 14 to the Act, Local Authorities are required to publish schemes for financing schools setting out the financial relationship between them and the schools they maintain.

The following attachments are for the 2013-14 Scheme for Financing Schools. An updated version for 2014-15 will be issued shortly following consultation with the Maintained schools representatives of the Schools Funding Forum and adherence to the Department for Education Schemes for financing schools guidance.

 

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