Management Information Sheet

Criteria Matrix - Finance RAG

MI Sheet TypeInformation
MI Number:99/10
Publication Date:05/06/2010
LA Contact:Alison Randall (01603 224273)
Audience:Headteacher and Chair of Governors
Links:http://www.esinet.norfolk.gov.uk/cadmin/misheets/MI%2099%2010%2001.doc

Criteria Matrix - Finance RAG

Colleagues will be aware of the recent keynote finance conferences, beginning in March with the secondary day, and the subsequent primary conferences in May.

The Red, Amber, Green (RAG) grading system for financial management and budgeting issues was introduced, initially at the secondary conference. It was then developed further, in conjunction with LA advisers and school-based colleagues, prior to discussion at the primary conferences.

The LA made the commitment to release the final matrix to all schools after the June 2010 half term break, and it is therefore attached for your information.

All schools will be written to within the next two weeks, in order to notify headteachers and Chairs of Governors of the grading for their individual school, and the reason for that judgement.