2.1.5 Accounting Policies (Including Year-End Procedures) 2.1.6 Writing Off of Trial 2.2 Basis of Accounting 2.3 Submission of Budget Plans 2.3.1 Submission of Financial Forecasts 2.4 Efficiency and value for money 2.5 Virement 2.6 Audit: General 2.7 Separate External Audits 2.8 Audit of Voluntary and Private Funds 2.9 Register of Business Interests 2.10 Purchasing, Tendering and Contracting Requirements 2.11 Application of Contracts to Schools 2.12 Central Funds and Earmarking 2.13 Spending for the Purposes of the School Capital Spending From Budget Shares Notice of Concern 2.16 Schools Financial Value Standard (SFVS) 2.17 Instalments of the Budget Banking Arrangements 3.0 Introduction 3.1 Frequency of Instalments 3.2 Proportion of Budget Payable at each Instalment Interest Clawback 3.3.1 Interest on Late Budget Share Payments 3.4 Budget Shares for Closing Schools 3.5 Bank and Building Society Accounts 3.5.1 Restrictions on Accounts 3.5.2 Monitoring of spend 3.6 Borrowing by Schools Other Provisions Construction Industry Scheme The Treatment of Surplus and Deficit Balances Arising in Relation to Budget Shares 4.1 The to Carry Forward Surplus Balances 4.2 Controls on Surplus Balances 4.3 Obligation to Carry Forward Deficit Balances 4.4 Planning for Deficit Balances 4.5 Writing Off Deficits 4.6 Balances of Closing and Amalgamating Schools 4.7 Licensed Deficits Loan Schemes Income 5.1 Income from Lettings 5.2 Income from Fees and Charges 5.3 Income from Fund-Raising Activities 5.4 Income from the of Assets 5.5 Administrative Procedures for the Collection of Income 5.6 The Purposes for which Income may be used The Charging of School Budget Shares General Provision 6.1.1 Charging of Salaries at Actual Cost Circumstances in which Charges may be made
2.1.5 Accounting Policies (Including Year-End Procedures) 2.1.6 Writing Off of 2.2 Basis of Accounting 2.3 Submission of Budget Plans 2.3.1 Submission of Financial Forecasts 2.4 Efficiency and value for money 2.5 Virement 2.6 Audit: General 2.7 Separate External Audits 2.8 Audit of Voluntary and Private Funds 2.9 Register of Business Interests 2.10 Purchasing, Tendering and Contracting Requirements 2.11 Application of Contracts to Schools 2.12 Central Funds and Earmarking 2.13 Spending for the Purposes of the School Capital Spending From Budget Shares Notice of Concern 2.16 Schools Financial Value Standard (SFVS) 2.17 Instalments of the Budget Banking Arrangements 3.0 Introduction 3.1 Frequency of Instalments 3.2 Proportion of Budget Payable at each Instalment Interest Clawback 3.3.1 Interest on Late Budget Share Payments 3.4 Budget Shares for Closing Schools 3.5 Bank and Building Society Accounts 3.5.1 Restrictions on Accounts 3.5.2 Monitoring of spend 3.6 Borrowing by Schools Other Provisions Construction Industry Scheme The Treatment of Surplus and Deficit Balances Arising in Relation to Budget Shares 4.1 The to Carry Forward Surplus Balances 4.2 Controls on Surplus Balances 4.3 Obligation to Carry Forward Deficit Balances 4.4 Planning for Deficit Balances 4.5 Writing Off Deficits 4.6 Balances of Closing and Amalgamating Schools 4.7 Licensed Deficits Loan Schemes Income 5.1 Income from Lettings 5.2 Income from Fees and Charges 5.3 Income from Fund-Raising Activities 5.4 Income from the of Assets 5.5 Administrative Procedures for the Collection of Income 5.6 The Purposes for which Income may be used The Charging of School Budget Shares General Provision 6.1.1 Charging of Salaries at Actual Cost Circumstances in which Charges may be made Trial
SchFin-2015-16_Scheme_Financing_Schools.docx