Approximately 360 minutes.
This course is designed for school finance staff and aims to give an
overview of the processes involved in budget planning and monitoring, and to
raise awareness of reporting responsibilities both internally and externally.
The course
covers different funding sources and explains how to understand the School
Block Funding and S251 Statement. We will be focusing on the methods and
processes of budgeting, and effective ways of monitoring the budget during the
year, including reporting to governors. There will be a demonstration of the
Essex LA Budget planning tools and exercises to help embed your understanding.
Please have a copy of your current Schools Block Funding Statement and S251 Statement with you.
There will be a break for lunch at approx. 12 noon.
Learning
Outcomes: You will leave this course with an understanding of why school's need
a budget, how they are funded and the confidence to prepare & report on the
budget with your governing body.
The course
will be delivered via Microsoft Teams