{"id":2021,"date":"2020-05-12T08:05:13","date_gmt":"2020-05-12T08:05:13","guid":{"rendered":"https:\/\/www.devon.gov.uk\/educationfinance\/?p=2021"},"modified":"2020-05-12T08:05:13","modified_gmt":"2020-05-12T08:05:13","slug":"monitoring-and-reporting-62-finance-report-requirements-for-maintained-schools","status":"publish","type":"post","link":"https:\/\/www.devon.gov.uk\/support-schools-settings\/monitoring-and-reporting-62-finance-report-requirements-for-maintained-schools\/","title":{"rendered":"Monitoring and Reporting 62: Finance report requirements for Maintained Schools"},"content":{"rendered":"<p>With the continued position of schools being closed or partially open we have reviewed the upcoming report requirements<\/p>\n<p><strong>FRS Reports: <\/strong><br \/>\nIt has also now been agreed that, unless your school is subject to monthly monitoring, there will be no requirement to complete summer term FRS return.<br \/>\nWe are still expecting to receive the Outturn FRS for 2019\/20 from schools along with an detailed explanation for any surplus or deficit balances. Direction is set out in <a href=\"https:\/\/devoncc.sharepoint.com\/:b:\/s\/PublicDocs\/Education\/EUSPqA3nT2tElZ1QucxL-04BCi2dG2ie70B_9m-00Z1YNg\" rel=\"noopener\">Scheme for Financing Schools (Click to view)<\/a>, Section 4 and there is a requirement after each financial year that the authority must publish a statement showing outturn expenditure at both central level <strong>and<\/strong> for each school, and the balances held in respect of each school.<\/p>\n<p><strong>Budget Planning:<\/strong><br \/>\nThe deadline for submission of budget planning documentation has now been postponed until 31 May.<br \/>\nWe are expecting a 3 year budget plan using the guidance on the Devon Schools Finance pages <a href=\"https:\/\/www.devon.gov.uk\/supportforschools\/finance\/budgets\">https:\/\/www.devon.gov.uk\/supportforschools\/finance\/budgets<\/a><br \/>\nDirection is set out in <a href=\"https:\/\/devoncc.sharepoint.com\/:b:\/s\/PublicDocs\/Education\/EUSPqA3nT2tElZ1QucxL-04BCi2dG2ie70B_9m-00Z1YNg\" rel=\"noopener\">Scheme for Financing Schools (Click to view)<\/a>, Section 2.3<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the continued position of schools being closed or partially open we have reviewed the upcoming report requirements FRS Reports: It has also now been [&hellip;]<\/p>\n","protected":false},"author":1888,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[19],"tags":[39,40,41,42],"class_list":["post-2021","post","type-post","status-publish","format-standard","hentry","category-monitoring-and-reporting","tag-budget-planning","tag-frs","tag-monitoring","tag-reporting"],"acf":[],"publishpress_future_action":{"enabled":false,"date":"2026-04-30 07:13:22","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.devon.gov.uk\/support-schools-settings\/wp-json\/wp\/v2\/posts\/2021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.devon.gov.uk\/support-schools-settings\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.devon.gov.uk\/support-schools-settings\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.devon.gov.uk\/support-schools-settings\/wp-json\/wp\/v2\/users\/1888"}],"replies":[{"embeddable":true,"href":"https:\/\/www.devon.gov.uk\/support-schools-settings\/wp-json\/wp\/v2\/comments?post=2021"}],"version-history":[{"count":0,"href":"https:\/\/www.devon.gov.uk\/support-schools-settings\/wp-json\/wp\/v2\/posts\/2021\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.devon.gov.uk\/support-schools-settings\/wp-json\/wp\/v2\/media?parent=2021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.devon.gov.uk\/support-schools-settings\/wp-json\/wp\/v2\/categories?post=2021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.devon.gov.uk\/support-schools-settings\/wp-json\/wp\/v2\/tags?post=2021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}