Management Information Sheet

School Balances at March 2012

MI Sheet TypeInformation
MI Number:201/12
Publication Date:12/10/2012 12:00:00
LA Contact:Alison Randall (01603 224273)
Audience:Headteacher/Chair of Governors

School Balances at March 2012

Thank you for submitting the analysis of your school's balance as at 31 March, 2012.

We have looked carefully at all schools' financial analysis and supporting information and considered them in line with the criteria as set out in Norfolk's Scheme for Financing Schools 2011/12.

All schools except four met the criteria for holding balances and therefore, for the majority of schools, there is no removal of balances to be made for this year. However, for the four schools that could not fully justify their balances, small sums have been removed. This sum has been added to the schools' contingency budget for reallocation in due course.

The movement of balances spreadsheet can be found at:

www.efs.norfolk.gov.uk then 'Movement of Balance 2010-11 to 2011-12'.

If you have any queries relating to this please call your Finance Support Officer or Jayne Dyndal on 01603 222485.

Alison Randall
School Support Manager