Guidance on Financial and Management Arrangements for Controlled and Maintained Schools Funded under the Common Funding Scheme

Each Funding Authority is required to set out the conditions under which the Board of Governors of a school is given delegated authority and its delegated budget.

This document sets out central guidance which each Education and Library Board (ELB) should follow in setting out the conditions to apply to relevant schools served by the Common Funding Formula. Each Board is free to devise its own arrangements, taking account of the requirements and obligations set out in its financial memorandum and the Common Funding Scheme.

Voluntary Grammar Schools and Grant-Maintained Integrated Schools have direct control of their finances and thus the conditions applied to those schools are subject to separate arrangements.

The Guidance document can be accessed via the links below:

Parts 1-4 - General; Conditions applied by Education and Library Boards; Roles and Responsibilities; and Governance Issues PDF 96 KB

Part 5 - Recurrent Funding PDF 80 KB

Part 6 - Financial Management PDF 84 KB

Part 7 - Provision of Information PDF 72 KB

Part 8 - Staffing Issues PDF 81KB

Part 9 - Property Management PDF 82 KB

Annex 1 - Purchasing Procedures PDF 72 KB

Guidance on Financial and Management Arrangements for Controlled & Maintained Schools - Full Document PDF 140 KB

Guidance on Financial and Management Arrangements for Controlled & Maintained Schools - Full Document Word 180 KB