# The Education (Budget Statements) (England) Regulations 2005, Regulation 3: Prescribed form of, and information to be contained in, budget statements


A budget statement is prepared in five parts, and contains the information prescribed for the purposes of section 52(1) of the 1998 Act, as follows—
(a) Part 1 is in the form prescribed in Schedule 1 and contains information in respect of both the relevant financial year and also the previous financial year regarding the level of funding available to the LEA for expenditure on schools according to the source of funding and as a percentage of national funding;
(b) Part 2 is in the forms prescribed in Schedule 2 and contains information in respect of the LEA as a whole relating to the LEA’s planned expenditure for both the LEA budget and the schools budget in respect of the relevant financial year, information in respect of the LEA’s central expenditure within the schools budget, and also information on expenditure in respect of the relevant financial year in relation to the LEA’s youth service;
(c) Part 3 is in the forms prescribed in Schedule 3 and contains for the relevant financial year the budget share and the amount allocated in respect of each pupil and each place in each school and the calculation of the budget share in relation to each of the LEA’s schools;
(d) Part 4 is in the form prescribed in Schedule 4 and contains information relating to the minimum funding guarantee; and
(e) Part 5 is in the form prescribed in Schedule 5 and contains information relating to the LEA’s allocation formula.

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Source: https://www.legislation.gov.uk/uksi/2005/345/regulation/3 (the official version)
Page: https://openlegislation.uk/education-budget-statements-england-regulations-2005/regulation-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.