School Funding Reform chapter updated for 2021/22. Changes in school funding and rising costs are making many schools and academies anxious about their future financial position. Creating a realistic budget and keeping to it are fundamental to strong financial leadership and essential for your school's survival.
'School Budget Mastery' provides a comprehensive guide to help you achieve your goals, taking you step by step through the process of preparing your budget and monitoring progress against it throughout the year. You will also find a wide range of advice on legal requirements, sources of funding and income, the key information needed when preparing your budget and ways to foster a positive financial culture in your school at all levels.
With our guidance, you can achieve value for money and a prudent, effective approach to the use of resources. Suitable for existing, new and aspiring school leaders including School Business Leaders and governors, this will help you to grow in confidence and achieve financial success for your school.
"A really informative and useful guide to all aspects of school and academy budgeting, relevant for both finance professionals and teachers with leadership responsibilities" Jim Farquhar, MAT Director of Finance & Corporate Services