General 45: Capital Approval Form
Posted on 8 June 2016 by education.finance
Following the Spring 2016 Bursars Briefing session it was requested that any capital project that was to be funded from financial resources other than Devolved Formula Capital (DFC) needed approval from Councillors. There is now a form to fill out which captures all the information required to make this request, which can be found within the Capital Forms accordion tab.
As this is a first draft I am happy to receive comment, queries and criticisms about the form and where possible I shall try to address these in a revised version.
For general information the approval process can take up to 8 weeks – depending upon when it is submitted (forms need to be submitted to firstname.lastname@example.org before the first Friday of the month to be included in that months return). Also, contracts and expenditure should not be incurred before approval is granted – in line with the Devon County Council constitution over capital expenditure.
As always if you have any questions please feel free to e-mail email@example.com or call 01392 383669.
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