Issue - meetings

To update the Schools Forum on the scheme for financing schools and financial regulations for 2024/25.

This report details the changes to be implemented to the Scheme for Financing Schools and the Schools Financial Regulations for the financial year 2023/24.

Olufunke Adediran, Head of Finance, introduced the report that detailed the changes to be implemented to the Scheme for Financing Schools and the Schools Financial Regulations for the financial year 2023/24. In sharing the report, the Forum were advised that all changes applied in the revision were in line with the March 2022 Department for Education’s Scheme for Financing Local Authority Maintained Schools – Statutory Guidance issued to Local Authorities, changes to the Local Authority’s own regulations, the EU Public Procurement Regulations and all the relevant regulations. The Forum’s attention was drawn to Appendix B of the report that reflected the changes to The Scheme for Financing Schools for 2023-24 and Appendix C, which reflected The Schools Financial Regulations for 2022-23

The Chair thanked officers for their report and invited Forum members to ask any questions they had on the information heard, as there were no queries raised the Chair invited the Maintained School members represented on the Forum to consider the schemes presented and as a result they RESOLVED to

(1)        To approve the amendments to the Scheme for Financing Schools 2023/24.

To note the amendments made to the Schools Financial Regulations 2023/24