6. To approve the first formal 1 budget plan each financial 2 year 3 7. To plan and manage 1 monthly expenditure and 2 financial reports, and identify 3 actual or potential items of budget overspend/underspend 8. To monitor monthly 1 expenditure and financial 2 reports, and identify actual or 3 potential items of budget overspend/underspend 9. To approve any amount to be 1 transferred between budget 2 headings and/or likely budget 3 overspends 10. To establish financial 1 decision levels and limits 2 3 11. To establish a charging and 1 remissions policy for the 2 Academy 3 12. To appoint the Responsible 1 Officer for the Academy 2 3 13. To enter into additional 1 contracts which exceed the 2 agreed annual budget 3 allocation 14. To make payments within 1 agreed financial limits 2 3 15. To collect income due to the 1 Academy 2 3 To maintain proper financial records for the Academy
6. To approve the first formal budget plan each financial year 1 2 3 7. To plan and manage monthly expenditure and financial reports, and identify actual or potential items of budget overspend/underspend 3 1 2 8. To monitor monthly expenditure and financial reports, and identify actual or potential items of budget overspend/underspend 3 1 2 9. To approve any amount to be transferred between budget headings and/or likely budget overspends 3 1 2 10. To establish financial decision levels and limits 3 1 2 11. To establish a charging and remissions policy for the Academy 3 1 2 12. To appoint the Responsible Officer for the Academy 1 2 3 13. To enter into additional contracts which exceed the agreed annual budget allocation 1 2 3 14. To make payments within agreed financial limits 1 2 3 15. To collect income due to the Academy To maintain proper financial records for the Academy 3 1 2
DDAT%20Scheme%20of%20Delegation%20-%20Final.docx