Regulation 5 Prescribed form of, and information to be contained in, outturn statements

(1)

For the purposes of section 52(3)(a) of the 1998 Act, an outturn statement must be prepared in two parts and contain the following information prescribed for the purposes of section 52(2).

(2)

Part 1 must be in the form prescribed in Schedule 1 and contain the information specified in that Schedule with respect to—

(a)

a LEA’s planned expenditure from their schools budget as specified in the budget statement prepared by the LEA in respect of funding period 1,

(b)

expenditure incurred by schools,

(c)

expenditure incurred by the LEA, or treated as having been incurred by the LEA, from their schools budget, including funds delegated or devolved to schools, and funds expended on schools and Academies directly by the LEA from central expenditure,

(d)

any other resources allocated to schools by the LEA,

(e)

other accountable resources held and expended by schools; and

(f)

expenditure on youth work by the LEA

during funding period 1.

(3)

Part 2 must be in the form prescribed in Schedule 2 and contain the information specified in that Schedule in relation to each school maintained by them with respect to—

(a)

the school’s planned budget share, as specified in the budget statement prepared by the LEA in respect of funding period 1,

(b)

expenditure incurred by the LEA, or treated as having been incurred by the LEA, in respect of that school,

(c)

any other resources allocated by the LEA to that school; and

(d)

other accountable resources held and expended by that school

during funding period 1.