Local Authorities (LAs) are required to publish Schemes for Financing Schools, setting out the financial relationship between them and the schools they maintain. The School and Early Years Finance Regulations (England) 2021, Schedule 5 sets out the minimum content of those schemes.
The DfE provides Statutory Guidance (Issue 14, updated 31 March 2022) about the contents, but there is local discretion on some aspects of it. In making changes to their schemes, LAs must consult all maintained schools in their area and receive the approval of the members of their schools forum representing maintained schools.
We have launched a consultation which proposes a small number of changes to our Scheme for Financing Schools.
We encourage all maintained schools to respond to the consultation.
The consultation documentation consists of:
This consultation is being carried out by children and adult services, Southwark Council. We look forward to hearing from you by the closing date of 6 April 2023.
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