Management Information Sheet
Movement of Balances 2012/13
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 2012/13. All schools except one 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 one school that could not fully justify their balance, a small sum has 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: http://www.eficts.norfolk.gov.uk/Finance/schoolbalances/movement_of_balances_11-12_to_12-13.xls
If you have any queries relating to this please call your finance support officer.