Local Education Authorities (LEAs) are required under section 52 of the Schools Standards and Framework Act 1998 to prepare a budget statement before the beginning of each financial year.
The statement for the forthcoming year is intended to provide a clear picture of the authority's planned spending:
- how much of the whole education budget the LEA intends to spend on items outside the Schools Budget
- how much the LEA is proposing to retain centrally within the School Budget for school services
- how the local formula is working to produce budget shares for each school in Poole.
The Budget Statement is presented in seven parts, the content and format of which is prescribed in the Education (Budget Statements) (England) regulations 2004 from the DfES. These statements are available for download on the right hand side of this page.
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Local Authorities (LAs) are required under section 52 of the Schools Standards and Framework Act 1998 to prepare a budget statement before the beginning of each financial year (31 March). After the end of each financial year an outturn statement is required.
The outturn statement is intended to.
- provide schools, parents and others with an interest in education with details about schools and LA funding and expenditure;
- provide data for the Departmental Annual Report (DAR);
- inform policy making;
- inform the Treasury for monitoring purposes;
- inform Parliament in its role of monitoring the Department's accountability for public funds.
- MPs ask about school and authority expenditure via the mechanisms of Parliamentary Questions or through the Education Select Committee.
All statements are prepared to a common format and the outturn statement must be presented in four parts for the prescribed period in the order specified: These statements are available for download on the right hand side of this page.
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