Latest news

Submission of FY 21/22 School Budgets

Each school must submit the annual budget for 2021/22 no later than 30th May 2021. This budget should be ratified by the Governing Body and signed off by the Chair of Governors before submission. If your school has difficulty setting a balanced budget, please refer to the Schools in Financial Difficulty (SIFD) Process Note 

Please submit the budgets to



Announcement regarding the Teachers Pension Employer contribution grant 2019/20:

Please note that the December adjustments are not included in the December funding payments - they will be added in to the January funding payments with the January adjustments.

Teachers' Pay Grant Methodology:





Outturn Statements 2018-19


Changes to the scheme for Financing Schools with effect from 01 April 2018

The Scheme for Financing Schools under s48 of School Standards and Framework Act 1998, governs the relationship between the LA and the schools it maintains.

A directed change has been made to take effect from 01 April 2018. The change affects 4.10 Loans - it clarifies loans are for capital items only and not to fund revenue deficits.

Schools Funding and Finance contacts

Schools Accountancy

Tel: 020 8359 7132

School Funding Team

To ensure the quickest response from the School Funding Team please use the email address for all queries:

Claudette James

Tel: 020 8359 7132

Gareth Evans - Finance Manager (Schools)

Tel: 020 8359 4954

Nicole Gibson

Tel: 0208 359 7223

(Tuesday, Wednesday and Thursday only)

Schools Finance Support Service

Helpdesk: 0208 359 7221