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Bedford Borough Summer Term Bedford Borough Council

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Bedford Borough Summer Term Bedford Borough Council Powered By Docstoc
					Schools‟ Summer Term Finance
           Seminar
          18 May 2011
       The Addison Centre
       Kempston, Bedford
                              Agenda
Start Time   Topic                             Presenter

 9.15        Introduction & National Context   Pat Jones
 9.20        Year End Feedback & CFR           Anne Day
 9.35        Budgets                           Georgina Luther
 9.40        „Parent Pay‟ - Online payments    Chris Davies
10.10        National Funding Consultations    Alan Mander
10.50        Update from HR                    Mark Johnson

11.10        Coffee and Questions

11.30        Workshop – CFR                    Anne Day

12.15        Close
          National Picture…
• Implementation of a schools national
  funding formula ?
  – Requires major political energy and
    determination
  - So many other national priorities
           Repayment of national debt
          NHS / Justice system reforms
Funding – Why Reform Now?
There is a powerful case for reform
•   Fairness and equality
•   Better use of public money
•   Transparency and clarity
•   Practicality

However there will be winners and losers
                                                                                                                                                                                                                  Leicestershire
                                                                                                                                                                                                                  Wiltshire
                                                                                                                                                                                                                  Shropshire
                                                                                                                                                                                                                  Hampshire
                                                                                                                                                                                                                  York
Bedford Borough Total GUF for 2011/2012 compared to




                                                                                                                                                                                                                  Gloucestershire
                                                                                                    Bedford Borough (61st from bottom)




                                                                                                                                                                                                                  Somerset
                                                                                                                                                                                                                  North Somerset
                                                                                                                                                                                                                  Swindon
     the rest of the 151 England Local Authorities




                                                                                                                                                                                                                  Wokingham
                                                                                                                                                                                                                  Nottinghamshire
                                                                                                                                                                                                                  Trafford
                                                                                                                                                                                                                  Hertfordshire
                                                                                                                                                                                                                  Stockport
                                                                                                                                                                                                                  Buckinghamshire
                                                                                                                                                                                                                  Bury
                                                                                                                                                                                                                  Telford and Wrekin
                                                                                                                                                                                                                  Wigan
                                                                                                                                                                                                                  West Berkshire
                                                                                                                                                                                                                  Darlington
                                                                                                                                                                                                                  Bedford Borough
                                                                                                                                                                                                                  Calderdale
                                                                                                                                                                                                                  Bromley




                                                                                                                                                                                                                                            Local Authority
                                                                                                                                                                                                                  Windsor and Maidenhead
                                                                                                                                                                                                                  Stockton-on-Tees
                                                                                                                                                                                                                  Sheffield
                                                                                                                                                                                                                  Brighton and Hove
                                                                                                                                                                                                                  Southend-on-Sea
                                                                                                                                                                                                                  Durham
                                                                                                                                                                                                                  North East Lincolnshire
                                                                                                                                                                                                                  Gateshead
                                                                                                                                                                                                                  Rotherham
                                                                                                                                                                                                                  Peterborough
                                                                                                                                                                                                                  Sutton
                                                                                                                                                                                                                  Coventry
                                                                                                                                                                                                                  Reading
                                                                                                                                                                                                                  Bradford
                                                                                                                                                                                                                  Sandwell
                                                                                                                                                                                                                  Wolverhampton
                                                                                                                                                                                                                  Blackburn with Darwen
                                                                                                                                                                                                                  Salford
                                                                                                                                                                                                                  Harrow
                                                                                                                                                                                                                  Enfield
                                                                                                                                                                                                                  Nottingham City
                                                                                                                                                                                                                  Hounslow
                                                                                                                                                                                                                  Brent
                                                                                                                                                                                                                  Wandsworth
                                                                                                                                                                                                                  Lewisham
                                                                                                                                                                                                                  Southwark
                                                                                                                                                                                                                  Camden
                                                                                                                                                                                                                  City of London




                                                                                                                                                                                                           0.00
                                                      10,000.00

                                                                  9,000.00

                                                                             8,000.00

                                                                                         7,000.00

                                                                                                                                         6,000.00

                                                                                                                                                    5,000.00

                                                                                                                                                               4,000.00

                                                                                                                                                                          3,000.00

                                                                                                                                                                                     2,000.00

                                                                                                                                                                                                1,000.00
                                                                                        Total GUF for 2011-12 (£)
Timing
 Finance Updates

       Anne Day
  Accountant (Schools)

anne.day@bedford.gov.uk
     01234 228275
             Year End Feedback
Final March Reports (Period 13):
Period 13 was sent yesterday giving the final year end
position
Postings made in period 13 should only be entries already
authorised by schools

Lessons Learned:
Government deadlines were extremely tight – we just about
managed to meet them. Next year schools break up on 30th
March. Deadlines will be equally tight so schools will need to
be prepared and will need to plan ahead for holiday working.
Please use standardised documentation where possible
Confusion re Grant Income
             Year End Feedback

GRANT INCOME

• Information available on website:
    •DfE CFR Guide (in „Budget Setting‟ Section): See I06;
    I07; I15 and I16
    •More detailed I06 and I07 guidance with specific
    examples (in „Schemes and Guidance‟ Section).
• The rule of thumb: If a grant has not been given to you
  directly by the grant provider, it should not be posted as a
  grant on your local system.
             Year End Feedback
FULLY FUNDED SCHOOLS

• Fully Funded returns very time consuming to process
• Majority of returns on time and completed accurately
• Small minority with numerous problems:
   •Accruals not cross referenced to schedules
   •Detailed calculations not provided to back up figures
   •No back up in some cases
   •Returns missing or inconsistent with one another
   •Non standard documentation used
• Still awaiting a significant number of returns countersigned
  by Chair of Governors (or Finance). Official deadline was
  12th April. Consider implications for year end 2011-12
  when scheduling governors‟ meetings
                 CFR Codings


•CRB fees – employees = E08; volunteers = E28??? Queried
       with DfE. Response awaited.
•Rates – monitor equalisation + refunds/rebates to E17
•E18 – Most schools will only use account code 4446. All
       schools should use E18 for refuse collection, hygiene
       services, electrical testing etc
•Items for resale (e.g. uniform) – E24 not E19
•Netting off cluster monies etc – code expenditure to income
       code for simplicity?
•B06 – Guidance awaited.
                 CFR Timetable

27 May - Preliminary CFR

17 June - Final CFR (after receipt of
authorisation from your SFA) – N.B. This deadline has been
extended (originally 10 June)
                    CFR


Period 13 reconciliation:

Proof of reconciliation to period 13 must be sent in by
centrally funded schools – schools MUST balance to
Agresso for each total B01 to B06
Schools may have differences between CFR codes
Differences relating to previous queries do not require
any further back up, but new differences must be
explained and back up provided
                       CFR

Submission of returns:
SIMS schools need to ensure that they have done any
upgrades before running preliminary CFR
RM schools should refer to the information already sent out
(RM Helpdesk = T. 0300 300 5777 in case of need)
Schools will be using COLLECT, as you did last year
See website for guidance notes
If you have problems logging into COLLECT please contact
the Helpdesk on 01325 392626 or
DSG.Helpdesk@dcsf.gsi.gov.uk
        Earmarked Funding Form

MUST ACCOMPANY PRELIM CFR – Deadline 27 May
2011

The final SBS figure is to be entered at the top of the form
to enable you to calculate your % allowable (8% or 5%)

SBS = The sum of income posted to account codes within
I01, I02 and I03, excluding codes 8030, 8028 and 8013.
8% or 5% figure itself is entered in box E
        Earmarked Funding Form

Full back up is required for proposed B01 balances
together with planned timeframe for spending these
balances. Only include:
       - Unspent revenue grants (ring fenced, specifically
allocated for an academic year and/or allocated part way
through the financial year)
       - Capital projects where a written contract has been
entered into
       - Income relating to Headteacher/Senior Staff
consultancy role
      Earmarked Funding Form
Back up to B01 will be a copy of your grant letter
confirming both the amount of the grant and the
timescale within which it is to be spent.
If the figure you calculate and enter into box D (i.e. your
B02 balance) exceeds your allowable surplus you need
to explain why. DfE guidelines seek justification for the
whole balance, not just the excess. Evidence must
show that the funds are intended for a specific purpose
with a defined timescale and that plans have been
properly approved by governors.
      Earmarked Funding Form
The evidence you provide will be presented to the
Surplus Sub Balance Group and they may or may not
recommend clawback to the School Forum. THIS
DECISION WILL BE BASED ENTIRELY ON THE
EVIDENCE YOU PROVIDE WITH THE EARMARKED
FUNDS FORM.
Form must be signed by the Headteacher and Chair of
Governors
If the next governors‟ meeting is after 27 May send in
the form with the date of the meeting at which it will be
discussed and minuted.
      Fully Funded Schools’ Returns

• Proposed change to monthly / quarterly returns
• To avoid errors and minimise work
• Schools to submit system reports attached to a certificate –
  no need to transpose figures onto I & E template
• Certificate template to be provided
• Consultation with schools
• Schools‟ Forum approval to be sought as will be a Scheme
  amendment
Budgets and Licensed Deficits

        Georgina Luther
       Trainee Accountant

  georgina.luther@bedford.gov.uk
          01234 276928
         Budgets and Licensed Deficits

Two Year Budget Plans are due in by 15 June, but please
note that it is best practice to prepare a three year budget.

Deficit schools must submit a budget matching the agreed /
proposed timescale for recovery (maximum three years).
         Budgets and Licensed Deficits
In all cases budgets must be accompanied by:

Detailed calculations of staffing budgets (FPS or
spreadsheet)

List of all assumptions made

Pay related and inflation factors

Application for Licensed Deficit if applicable to Pat Jones,
Group Accountant Children‟s Services (copy to SFA)

Best Value Statement no longer required
         Budgets and Licensed Deficits

Fully Funded Schools need to provide profiled budget ,cash
flow forecast & budgeted balance sheet in addition to the
above requirements

If a Fully Funded School is applying for a Licensed Deficit the
application must state the amount of cash flow loan required
(if any)
                      Budgets

Budget template + annual timetable for financial returns on
website

Budgets being are not quite as bad as originally thought for
2011/12 but with no surpluses left and ongoing challenges in
2012/13 efficiencies are necessary in order to avoid future
deficits.
                 Sundry Issues

• New Financial Regulations – Schools are no longer
  required to submit a Best Value Statement
        ParentPay

         Chris Davies
Business Development Manager

    chris@parentpay.com
        08452 575540
National Funding Consultations

        Alan Mander BA CPFA
     Education / School Funding Consultant
•    Two DfE Consultations on School Funding:-

1.   A consultation on school funding reform:
     Rationale and Principles

2.   Academies‟ Pre 16 Funding:
     Options for the 2012/13 academic year

Both consultations run for 6 weeks and close on 25 May 2011
• Both consultations will lead to a more detailed next stage
  of consultation - „later in early summer‟
• Very important for local voice to be heard at this stage
• First consultation points out all that is wrong with present
  methodology of funding schools
• Then tries to promote a better way – Much along lines of
  previous consultation last summer
• Second consultation relating to the funding of academies
  is for one year only – 2012/2013
 So what would an ideal methodology of funding schools
                        look like?

• It would distribute money in a fair and logical way
• It would distribute extra resources towards pupils who need
  them most
• It would be transparent and easy to understand and explain
• It would support a diverse range of school provision
• It would provide value for money and ensure proper use of
  public funds
    …And what are the flaws in the present system?

• It is opaque and extremely complex

• It is unfair as it leads to schools with similar intakes
  receiving very different levels of funding

• It fails to reflect need accurately

• It does not support the new school system
What each Authority receives by way of Dedicated Schools
 Grant:-

• Dependent on spending decisions made in 2005/06 and earlier
• Subject to local decision on how much went direct to schools
• Based, to some extent, on 2005/06 proxy factors to determine
  needs, costs, etc.
• Simply been substantially increased by percentage additions for
  last 6 years
• Funding variations between schools cannot be justified –
  and cannot be explained because of differing needs
• Some secondary schools which are comparable receive
  £1,800 difference in per pupil funding
• Present system does not allow changes to reflect
  alterations in needs
• Some areas now - „woefully underfunded‟ – compared to
  if the system properly reflected needs
• The growth of academies and Free Schools is not well
  served by the current funding system
         The Introduction of the Pupil Premium
• Seen by DfE as their first step towards – „a fair funding
  system‟
• It is clear and transparent
• All deprived pupils have the same level of funding
• £430 for each pupil eligible for free school meals or
  Looked After
• £200 for each pupil, the child of service personnel
• Resources for Pupil Premium funding will quadruple in
  next 4 years
                   A Fair Funding Formula

• Key Issue – who decides the level of an individual school
              budget?

• National Formula or locally agreed decision?

• National formula – clearest and simplest
                    - guarantees comparability of funding
                    - certainty for academies and Free Schools
                    - however does not reflect local
                     circumstances
• Locally Agreed decision:-
    - within nationally agreed amount for each local
      authority
    - responsive to local circumstances
    - locally flexible
    - there is a greater need for clear accountability
    - but what about academies and Free Schools?
    - they would be funded at national formula?
             The Role of the Local Authority
    Outside any National Funding Formula for Schools

• Existing central expenditure (funded from DSG) varies
  between LAs
• Any national formula will need to make assumptions about
  split between school and LA responsibilities
• This particularly true for High Cost Pupils (SEN) and .......
• Early Years – Nursery Provision
                High Cost Pupils (SEN)
  Not all SEN in mainstream schools – most outside

• Accepted as real problem – outside any national formula
• 2nd consultation will work up firmer proposals
• Exploring national banded framework for SEN
     (without funding attached – for LA to determine)
• Thoughts about bringing together pre 16 and post 16
  SEN budgets
                    Nursery Provision

• All LAs introduced the EYSFF by April 2011

• All formula must include a deprivation factor

• National funding formula will be for reception to Year 11

• What is the relationship with Early Years?
           Elements of a Fair Funding Formula

(More detail on this in 2nd Consultation)

• Pupil vs. School Characteristics?
(DfE view is that it should be based on pupil characteristics
   with just a lump sum for primary schools)
• What Pupil factors?
- Basic amount for all pupils (higher in secondary than
   primary)
- Pupil Premium will cover all deprivation funding (when
   fully implemented)
Also:-

Area Cost Adjustment – different labour rates in different
  areas
• Rurality?
• English not First Language?
• Underperforming ethnic groups?
• Proxies for Additional Educational Need?
• Incentives / Rewards for improved performance?
               Complexity vs. Simplicity

• Simple is clearer and more understandable
• Schools can see why they get the funding they do
• However simple formula may not address differing needs
  of pupils and schools
           Transition to New Funding System

• Currently same cash level per pupil over Spending Review
  Period
• Change means winners and losers
• Significant protection will be needed
• Perhaps a maximum reduction in funding per pupil each year
• Thus constraining levels of increase
• A lot of notice needed for schools
• When does it start to operate?
• Acknowledged not easy at this time
      Academies Pre 16 Funding 2012/2013
• Academies funded on academic year basis

Academy funding principally:-

• General Annual Grant (GAG) – attempting to replicate
  school budget share
• LACSEG - Local Authority Central Spend Equivalent
  Grant
• Insurance Grant
• Pupil Premium
• Academies funded by Young Peoples‟ Learning Agency
  (YPLA)
• Process is labour intensive
• Trying (with LAs help) to replicate each LA funding
  model
• Worked OK when there were (say) 100 academies
• Does not work well with over 600 academies
• Risks of error in replication process
• It is not sustainable going into the future
               Alternative Funding Model

- Reminder 2012/2013 only at this stage

It should enable smooth transition to new funding system
Ensure funding equivalence between maintained,
    Academies and Free Schools
Transparent and easy to understand
             Questions for Consultation
• Do you agree with our analysis that the current system is
  not appropriate to fund an increasing number of
  Academies in a fair and transparent way?

• Do you agree with the principles for an alternative
  method of funding Academies in 2012/13?

• Are there other aims we should have for the Academy
  funding system in the absence of cross-system reform,
  such as a Fair Funding Formula?
To Replicate the School Budget Share should
  we:-
• Roll Forward 2011/12 cash values per pupil?
(this is the DfE preferred option)

• Fair Funding for Academies only?
(doesn‟t meet DfE principle of equivalent funding)

• Local Authority based calculations?
(Less notice for academy budgets, plus query on role of LA)
          Questions for Consultation
• Do you agree with the broad analysis of how each option
  will work?

• Which option do you think is the best way of funding
  Academies in 2012/03?

• Are there potential advantages and disadvantages in
  implementing each option we have not considered?
Local Authority Central Spend Equivalent Grant (LACSEG)

• This is additional grant to academies and Free Schools to
  provide funds for central services that the LA no longer
  provides

• Varies in amount between each LA

• Covers items both within DSG items (c 30%) and items not
  within DSG (c 70%)

• Not within DfE consultation, but currently subject of LGA
  referral for Judicial Review
               Questions for Consultation

Are there changes you think we should consider to the way
  the local authority central spend equivalent grant
  (LACSEG) is calculated for Financial Year 2012/13?

What factors would you want us to take into consideration if
 we were to make changes?
                        Next Steps
This is first part of 2 part consultation – much more detail to
       come – including at some stage some modelling

• DfE will continue to develop their academy funding
  models, during the consultation period, with partner
  organisations

• Next consultation due in early summer – June / July?
  Not good timing for school based input

• One cannot tell, at this stage, whether Bedford Borough
  and its schools will be a winner or loser
Update from Human Resources


           Mark Johnson
    Head of Human Resources
   mark.johnson@bedford.gov.uk
           01234 228132
           Schools Finance Seminar – 18 May 2011
                       Redundancy Policy


Summary of Key Changes:-
•   The definition of “good reason” for the referral of costs
• Genuine redundancy
• Salary protection
• Access to pension
            Redundancy Policy


Key Documents:-
• The Redundancy Policy for School Based
  Staff (Chapter 5, Section 2)
• Management Guidance on Redundancy
  (Chapter 5, Section 3)
• The Redeployment Policy (Chapter 5,
  Section 4)
The current position
• Executive approved the changes on 16 March
  2011
• Consultation with trade unions and
  professional associations
• Final policies to JCNC on 22 June 2011
• Publication June/July 2011
• Take effect 1 September 2011
            Redundancy Policy


“Good reason”
• Letters of 29 October and 17 February 2011
• School Standards and Framework Act 1998
  and Education Act 2002
• Business case submission
• Need for sound financial and people
  management
            Redundancy Policy


Genuine redundancy
• School establishment must reduce
• Redundant posts must not return to the
  establishment within a period of 12 months
             Redundancy Policy


Salary Protection
• No salary protection where the reason for
  redundancy is budget led
• “Suitable alternative employment”
• Terms and conditions of employment
              Redundancy Policy


Access to Pension
• Teachers can access pension from age 59
  years
• Reduce costs to employers
• Still allow for voluntary solutions
• ARB or “draw down”
• Support staff have access at age 55 years
          Date of Next Seminar
    Please save this date in your diaries
     Wednesday 16th November 2011

                    Coffee
Officers will be available to answer questions
                  during coffee

          CFR Workshop follows
  CFR Workshop


       Anne Day
  Accountant (Schools)

anne.day@bedford.gov.uk
     01234 228275
       Period 13 Reconciliation
• Proof of reconciliation to period 13 must be sent in by
  Centrally Funded schools (deadline for receipt is 27th).
  This must include a system report.
• School MUST balance to Agresso in terms of total
  revenue balances, total community focussed extended
  schools balances and total capital balances
• B01 + B02 = Revenue balances. Includes all revenue
  CFR codes apart from I16; I17; E31 and E32
• B06 = Community Focussed Extended Schools
  Balances. Includes I16; I17; E31 and E32
• B03 = DFC Balance; B04 = Other Standards Fund
  Capital Balances including Harnessing Technology and
  Travel Plans; B05 = Other Capital Balances.
       Period 13 Reconciliation
• Schools which have differences on Period 13 must
  provide back up / explanation
• Schools revenue figures can be changed after period 13
  so long as the total balances do not change and back up
  / explanation is provided
      Earmarked Funds Form
• NEW pro formas available on website (separate
  forms for Lowers/Nurseries/Specials and
  Middles/Uppers)
• The final School Budget Share figure is to be
  entered at the top of the form to enable you to
  calculate your % allowable (8% or 5%)
• SBS = The sum of income posted to account
  codes within I01, I02 and I03, excluding codes
  8030, 8028 and 8013. If unsure contact SFA
• 8% or 5% figure itself is entered in box E
• Total Carry Forward is entered at A – use Report
  Total figure from period 13 Agresso report.
        Earmarked Funds Form
•Committed Revenue Balances are identified and listed in
the B01 box and the total entered in box B
•Full back up is required for proposed B01 balances
together with planned timeframe for spending these
balances. Only include:
       - Unspent revenue grants (ring fenced, specifically
allocated for an academic year and/or allocated part way
through the financial year)
       - Capital projects where a written contract has been
entered into
       - Income relating to Headteacher/Senior Staff
consultancy role
•Back up to B01 will be a copy of your grant letter
confirming both the amount of the grant and the timescale
within which it is to be spent.
       Earmarked Funds Form

• Other balances are then identified – Devolved Formula
  Capital, Harnessing Technology etc, Other Capital and
  Community Focussed Extended Schools. You will
  already have identified these figures when completing
  your DRF form at year end. Total entered in box C

• You should only have a B06 balance if the school runs a
  Community Focussed Extended School Facility which
  has been agreed by governors. Codes I16, I17, E31 and
  E32 are only used in such schools (see flowchart in DfE
  School Finance Pack).
       Earmarked Funds Form
• Box D = Total Underspend (box A) minus ringfenced
  balances identified in boxes B and C. This is your
  uncommitted revenue balance
• An explanation is required in all cases where D exceeds
  E. DfE guidance suggests that you should justify your
  plans for the whole balance, not just the excess.
  However, to date the LA has only sought to examine
  evidence for the excess (this could change). Evidence
  must show that the funds are intended for a specific
  purpose with a defined timescale and that plans have
  been properly approved by governors. The evidence you
  provide will be presented to the Surplus Sub Balance
  Group and they may or may not recommend clawback to
  the School Forum. THIS DECISION WILL BE BASED
  ENTIRELY ON THE EVIDENCE YOU PROVIDE WITH
  THE EARMARKED FUNDS FORM.
        Earmarked Funds Form


• Form must be signed by the Headteacher and Chair of
  Governors and received by your SFA by 27th May at the
  latest
• If the next governors‟ meeting is after 27th May send in
  the form with the date of the meeting at which it will be
  discussed and minuted.
              Back up to CFR
• The period 13 Reconciliation can be used as back up to
  your CFR return, as long as a system print is also
  attached

• SIMS: CFR Report

• RM Finance: B v A v C (show accruals). RM schools
  need to check to ensure CFR figures match this system
  report.
              CFR Checklist
• CFR Checklist to be completed by all schools and
  sent to SFA signed by Headteacher, accompanied
  by signed hardcopy of CFR return and Earmarked
  Funds Form, by 27th May at the latest.

• If you have received an Ethnic Minority
  Achievement Grant (through Standards Fund), this
  should appear in I04. Please check that any such
  funding is coded correctly
               CFR Checklist
• Income headings must not have a debit balance. If
  this is a query in the software, please explain in
  the note pad. If this is highlighted as an error, the
  figures must be changed. Please contact your
  SFA for advice.

• Expenditure headings must not show a credit
  balance (see above).
                 CFR Checklist
• Total salary costs E01 to E03 must be within a % range
  of Total Pupil Focussed Revenue Expenditure: 50%-80%
  Primary and 40%-90% for all other schools. If not within
  the specified range please check your coding and
  provide an explanation.
• E11 must show a debit figure as all schools must have
  staff liability insurance. If no figure has been posted it is
  likely that it has been included within CFR code E23 and
  will need recoding. Buyback figure should have been
  split between E11 and E23: Nurseries/Lowers 30%/70%;
  Middles/Uppers 25%/75%; Specials 40%/60%. Please
  recode if appropriate.
               CFR Checklist
• Lower Schools and Nurseries must not have a balance
  in E21 Exam Fees. QCA test papers etc should be
  coded to E19
• The closing capital, community focussed extended
  schools and pupil focussed balances from 09/10 MUST
  be the opening balances for 2010/11
• Closing balances must be calculated and NOT overtyped
  (RM Schools)
• CFR balances must be apportioned to match the
  Earmarked Funds Form
                CFR Checklist
• A negative balance in B02 is a deficit. If a deficit was
  approved (licensed) for your school in 2010/11 then the
  amount agreed should be detailed in the notepad. If the
  deficit is unlicensed an explanation should be detailed in
  the notepad
• General Details page: Common errors include entering
  the finance assistant‟s name rather than that of the
  Headteacher and failing to answer YES to the question
  about whether the school has been involved in preparing
  the return. Most schools (with the exception of some
  specials and nurseries) will NOT be rates exempt.
• Bedford Borough Council LA number is 822. Please
  ensure that this is entered correctly.
        Preliminary / Final CFR
• Please send your preliminary and final CFR returns via
  COLLECT by 27th May at the latest. The CFR COLLECT
  User Guide is on our website in the Year End section.
• You also need to submit a system print, earmarked
  funds form and signed CFR checklist to your SFA
• When the preliminary return has been agreed by your
  SFA and validated by the DfE you will be notified by your
  SFA
• You should then run off a final system print and check
  that nothing has changed since you submitted your
  preliminary return
• Only then should you submit your final return – by 17th
  June at the latest
        Preliminary / Final CFR
• Your Statement of Internal Control (SIC) relates to the
  year just ended and needs to be submitted with the final
  CFR return – by 17th June at the latest, alongside a
  signed hardcopy of the CFR return itself.
• The LA will then collate the completed returns from all
  schools and submit them to the DfE.


                   ANY QUESTIONS?
Thank You and Safe Journey

				
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