Finance

Governors, in maintained schools and academies, are responsible for "overseeing the financial performance of the school and making sure its money is well spent", a duty which comes from statutory regulations and is reflected in the DfE Governors' Handbook. This section provides articles and guidance relating to how governors discharge this vital aspect of their role.

  • Budgeting During Challenging Times (RECORDED FEB '24)

    This Better Governor webinar, delivered by Governance expert Steve Barker, focussed on clarifying the role of governance in setting and agreeing budgets for maintained schools (beginning 1st April 2024). Considered how funding challenges and inflationary pressures are impacting on schools’ ability to balance their budgets and explored some of the options that governing bodies may need to consider.

    Consultant: Steve Barker February 2024

  • Schools Financial Value Standard (SFVS) 2024 - (RECORDED JAN '24)

    This session introduced governors, in maintained schools, to the 2024 Schools Financial Value Standard, which must completed and submitted to the Local Authority before the end of this term. Governors learnt the purpose of the standard, their role in its completion and how the standard provides assurance and oversight to the governing body.

    Consultant: Steve Barker January 2024

  • Introduction to School Finance (Recorded February 2021)

    This Better Governor webinar explored the role and responsibilities, of those involved in school governance, specifically relating to school finance. We focused on the statutory responsibilities for finance, current DfE expectations and ensure governors understand their strategic oversight. The webinar is appropriate to all those involved in governance in maintained schools and academies.

    Consultant: Steve Barker January 2021

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