Scheme for financing schools

The scheme sets out the financial relationship between the County Council and the maintained schools it funds

The scheme for financing schools is required by the School Standards and Framework Act 1998.

The scheme contains requirements relating to financial management and associated issues. The scheme is binding on both the local authority and schools.

The current version was approved in October 2014, and following updates from the Department for Education, was updated to reflect the changes agreed at Schools Forum in October 2015.

Scheme for Financing Schools