ABSTRACT

DfES expectations are that schools should take a more strategic approach to their budgets in line with the introduction of the three-year funding in the form of the DSG from April 2006 (see section 3.9 of FMSiS). There is a clear expectation that schools will plan their funding levels and resourcing requirements over three years and that this planning will be linked the to the SDP. It also makes clear that the SDP should be ‘consistent with any longer term financial plans for recovering deficits or saving up for future developments’ (section 3.1 of FMSiS).