Schools will have now received payments relating to claims made during 2023/24, this includes both the initial 50% paid just after the claim is originally made, then the final portion of the claim at the end of the financial year.
Due to the number of claims received during 2023/24, it has been necessary to reduce the payment of the second half of the claim by 5%, providing a total claim amount paid of approximately 97.5%.
If you have any queries for the Mutual Fund Team, please contact us via the mailbox: financeschoolsmutualfund-mailbox@devon.gov.uk