Management Information Sheet
Budget Commentary
Attached is a Budget Commentary Form which should be used by schools when setting the budget and undertaking budget revisions. This form is a useful piece of evidence when meeting the Financial Management Standard in Schools and should be part of the reporting process when presenting the budget or revision to governors.
If you already have a budget commentary form in use in the school please continue to use this. You should note that the guidance notes 2 issued in the 2010-2011 budget share pack ask for a budget commentary to be submitted as part of the budget information. This should be included along with other details of the 2010-11 budget plan as requested in the guidance notes and submitted to the Children's Services Finance Support no later than 1st May 2010.
If you already have a budget commentary form in use in the school please continue to use this. You should note that the guidance notes 2 issued in the 2010-2011 budget share pack ask for a budget commentary to be submitted as part of the budget information. This should be included along with other details of the 2010-11 budget plan as requested in the guidance notes and submitted to the Children's Services Finance Support no later than 1st May 2010.