Maintained Schools: Finance
(asked on 8th December 2015) - View Source
Question to the Department for Education:
To ask Her Majesty’s Government whether governors of maintained schools are allowed to agree a budget deficit.
This question was answered on 14th December 2015
Governors are responsible for agreeing the budget of a school under the arrangements set out in their Local Authority’s Scheme for Financing Schools, which may preclude any planning for deficits; or it may allow schools to plan for deficits only in certain approved circumstances.