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"Our system provides a full analysis (including bench marking) between the submitted budget and the schools actual spend. This analysis is performed monthly and uses the schools current budget to calculate the actual remaining spend available."
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Local Authority
The Local Authority's Area contains the modules:

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Schools
The Schools Area contains the following modules:

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Resource Allocation
The resource allocation module will allow schools to estimate their revenues for future years based on the council’s funding formula and the national schools' funding formula.

The key source for these estimations is the school's forecast of its future pupil numbers. The module takes regard of the following:

  • The Council School Funding Formula.
  • The National School Minimum Funding Guarantee Formula produced by the DfES.
  • The Sixth Form Funding Formula produced by the Learning Skills Council.
  • Other funding items determined on a local and national basis.
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