Administration 50: Maintained Schools Carry Forward Notifications to Finance Team
Posted on 9 May 2019 by education.finance
If you have not already done so, would you please notify us of any relevant carry forward as outlined in the Central Payment Schools Letter. Preferably no later than 24th May 2019.
“If you are intending to carry forward a large balance at year end please notify us (email@example.com).
A large balance would be 5% or more of delegated resources (School Budget Share) for Secondary schools or 8% or more for Special and Primary schools. There will be no requirement to report where the balance is less than £50,000.”
Please note, this only applies to Maintained Schools.
Like this post: