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 schools.accountancy@barnet.gov.uk

 

• NEW - 2019/20 Autumn Adjustments v4.4 December 2019
• New - 2019/20 Autumn Adjustments v4.3 November 2019
• NEW - Revised Scheme for Financing Schools, September 2019.
• NEW - 2019/20 Autumn term adjustments v4.2

 

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

https://www.gov.uk/government/publications/teachers-pension-employer-contribution-grant-tpecg/pension-grant-methodology#rates

• NEW 27th March 2019 2019/20 Original budget shares v1.1
• New 13th March 2019 - End of year 2018/19 school budget shares v6.0
• Original 2019/20 school budget shares v1.0

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.

• January adjustments for 2018/19 Version 5.2 (17 Jan 2019)
• January adjustments for 2018/19 Version 5.1 (3 January 2019)

Teachers' Pay Grant Methodology:

https://www.gov.uk/government/publications/teachers-pay-grant-methodology/teachers-pay-grant-methodology

News

2019-20:

 

2018-19:

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 Email: schools.accountancy@barnet.gov.uk	School Funding Team To ensure the quickest response from the School Funding Team please use the email address for all queries: schoolfunding@barnet.gov.uk
Claudette James Tel: 020 8359 7132 Email: claudette.james@barnet.gov.uk	Gareth Evans - Finance Manager (Schools) Tel: 020 8359 4954 Email: gareth.evans@barnet.gov.uk
Nicole Gibson Tel: 0208 359 7223 Email: nicole.gibson@barnet.gov.uk (Tuesday, Wednesday and Thursday only)

Schools Finance Support Service Helpdesk: 0208 359 7221 Email: schools.support@barnet.gov.uk