# The School Finance (England) Regulations 2011, Paragraph 37


Expenditure on—
(a) prudential borrowing;
(b) termination of employment costs, where the schools forum has approved the charging of these costs to the schools budget for the funding period in which they were incurred and the revenue savings achieved by the termination of employment to which they relate are equal to or greater than the costs incurred;
(c) combined services where the expenditure relates to classes or descriptions of expenditure falling outside those set out in this Schedule;
(d) the schools’ specific contingency; and
(e) special educational needs transport costs,
provided that any deductions under this paragraph are limited to the amount deducted by the authority in respect of such expenditure under paragraph 36 of Schedule 2 to the 2008 Regulations for the previous funding period.

---
Source: https://www.legislation.gov.uk/uksi/2011/371/schedule/2/paragraph/37 (the official version)
Page: https://openlegislation.uk/school-finance-england-regulations-2011/schedule-2/paragraph-37
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.