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.
DfE clarifies funding of teachers’ pension employers’ contribution increases from September 2019-March 2020
School teachers pay in maintained schools is set to increase by 2.7% for 2019-2020.
This 'Finance Matters - Making Every Penny Count' webinar was broadcasted on Wednesday 26th September at 7pm.
The Department for Education has updated information on the implementation of the National funding Formula for schools and high needs.
The Education and Skills Funding Agency (ESFA) has published new guidance, to support academy trustees’ and maintained school governors’ understanding of how data should be utilised to inform discussions and decisions.
The DfE has added new materials to its Resource Management tools for governors and trustees. This article explores the details
The DfE has updated its Schools Financial Health and Efficiency Toolkit with the addition of a new module on fraud in schools and how to prevent it. Click here to read this now....
The Department for Education has launched a consultation on development of a National Funding Formula for Early Years providers.
This article summarises the DfE consultation on the development of a new schools national funding formula.
The Education Funding Agency (EFA) announced 2015-16 funding allocations for the Year 7 Catch-up Premium on 23rd February. This article highlights key points and explores the questions governors should be asking.