NF E13 £1710.24 under budget? Shut down period over xmas and new year savings – – made LA monies for safeguarding bid for electronic signing in system. Unsuccessful. Looking at – fencing, security etc. Didn’t put in for the second round can put in for ceilings (dust falling down), possibly apply – for hall floor. NF No spend? Waiting for bills. Trust may look at reviewing energy bills with possible – saving. Teachers and site manager absence can be claimed for from third day. NF What is the trust revenue reserves target we are 6545.64 below that at the moment. – – Will be red-highlighted to trust. GAG funding (from DfE) 1.5 million from September because of extra numbers. April should know about the bids for roof and ceilings and lights. DFC capital grant building or ICT. – NF the budget system changed has it thrown up any issues? Format much easier. – Financial regulations all governors have received the Trust financial regulations. – Risk register DM queried whether on line 47 risk) would it be highlighted in the same way?? Either too high or too low. KH and MS very concise and comprehensive. Governors approve unanimously. KR has set up finance policy folder with reporting calendar and all documents/policies. Next week school move to Office365 governors will have access. – Finance Policy Aligning credit limit with Richmond Hill at £3000 not £1500 Headteacher/Deputy Headteacher/Business manager joint responsibility in most cases. Site manager to have a £300 credit limit Potentially £3000 for reading resources? Staff have spent about £4000. Idea to spend as we go along not spend a lot at once especially for class texts. Class reading areas etc. have – been changed. £11000 from school funds.
NF – E13 £1710.24 under budget? Shut down period over xmas and new year – savings made LA monies for safeguarding – bid for electronic signing in system. Unsuccessful. Looking at fencing, security etc. Didn’t put in for the second round – can put in for ceilings (dust falling down), possibly apply for hall floor. NF – No spend? Waiting for bills. Trust may look at reviewing energy bills with possible saving. Teachers and site manager absence can be claimed for from third day. NF – What is the trust revenue reserves target – we are 6545.64 below that at the moment. Will be red-highlighted to trust. GAG funding (from DfE) 1.5 million from September because of extra numbers. April should know about the bids for roof and ceilings and lights. DFC capital grant – building or ICT. NF – the budget system changed has it thrown up any issues? Format much easier. Financial regulations – all governors have received the Trust financial regulations. Risk register DM queried whether on line 47 risk) would it be highlighted in the same way?? Either too high or too low. KH and MS very concise and comprehensive. Governors approve unanimously. KR has set up finance policy folder with reporting calendar and all documents/policies. Next week school move to Office365 – governors will have access. Finance Policy Aligning credit limit with Richmond Hill at £3000 not £1500 Headteacher/Deputy Headteacher/Business manager joint responsibility in most cases. Site manager to have a £300 credit limit Potentially £3000 for reading resources? Staff have spent about £4000. Idea to spend as we go along not spend a lot at once – especially for class texts. Class reading areas etc. have been changed. £11000 from school funds.