OpenLegislation

Paragraph 32 Other expenditure

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

Expenditure on allocations to the governing body of a school in financial difficulty provided that the authority —

(a)

consult the schools forum on their arrangements for the implementation of such support;

(b)

make allocations to schools which are either:

(i)

expected to have a revenue deficit by 31st March 2005 or 31st March 2006 without such support; or

(ii)

are otherwise in financial difficulty in the years beginning 1st April 2003 or 1st April 2004

provided that no allocations are made under (ii) unless the LEA believes that it has taken reasonable steps to allocate funds under (i) to the extent required;

(c)

make provision to monitor the use of the increase and the governing body’s progress towards a balanced budget; and

(d)

distribute to schools the unallocated balance of any such retained amount on the basis of pupil numbers in accordance the arrangements put in place under regulation 8(1) or (3) of the Financing of Maintained School (England) Regulations 2003f1.

(2)

For the purposes of paragraph (1), a school is in financial difficulty if, in the opinion of the authority, cost pressures at the school for the year in question have resulted or will result in higher expenditure than the resources otherwise available to the governing body.

Annotations

Footnotes

f1

SI 2003/453.