This scheme , in accordance with the School Standards and Framework Act 1998, outlines the financial framework for funding maintained schools.
It also sets out the relationship between maintained schools and the Local Authority and the principles underpinning the financial controls within which delegation to schools operates.
Local authorities (LAs) are required under Section 251 of the Apprenticeships, Skills, Children and Learning Act 2009 to prepare and submit an education and children's social care budget statement to the Secretary of State for Education. The prescribed period for this budget statement covers a financial year, from 1 April to 31 March.
Regulatory provisions directly affecting the education content of the budget statement are also made in the School Finance (England) Regulation.
It is a statutory duty for LAs to publish their budget statements in line with the prescribed regulations issued by the Secretary of State for Education. The budget statement provides information on the size of the Schools Budget (SB) and the amount to be allocated to each factor depending on budget decisions. The LA, in discussion with the School Forum, will make these budget decisions before the prescribed period. The budget statement provides the means of informing schools and the general public about the funding plans for the forthcoming year.
The budget statement published for a particular period provides a clear picture of the LA's plans on:
All local authorities are required to publish their statements based on a common format. As such, each statement includes the following tables:
In the event of any queries in relation to this statement, contact our Resources Development Manager.
Our strategy aims to ensure that Enfield pupils receive the best education. For more information, see our school intervention and support strategy (PDF, 137KB).