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.
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.
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This article explores the DfE's new Schools Financial Health and Efficiency website which brings together information and resources designed to help schools ensure the most efficient use of their funding.
This article alerts governors of the upcoming submission date for Schools Financial Value Standard SFVS
This article explores the Schools Financial Value Standard (SFVS) with a specific focus on the two new questions added to SFVS for the March 2016 submission.