Can all schools that haven’t yet returned their Deficit/Surplus Balance returns please send them in as soon as possible and return via Anycomms on the pre-populated form.
If you did not receive an AnyComms pre-populated form for deficit/surplus balance reporting, please let us know via our mailbox: financeschools-mailbox@devon.gov.u
We will require an detailed explanation for Deficit/Surplus Balances that fall within the following thresholds. Please record your cumulative deficit/surplus balance on the return:
- Surplus balances that are 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.
- Any Deficit balance. If for whatever reason a school has a deficit balance at the end of a financial year, the deficit should be treated as a charge against the school’s budget share for the following year.
- Numeric values must be entered as whole numbers only, no decimals.
Note: If you are part of a single budget federation, only the hub school will receive a pre-populated form for completion.
Please take a print screen/PDF copy of your entries prior to submission to ensure you have a copy for your records.