Management Information Sheet

Balance Analysis Mechanism; Cluster Funds

MI Sheet TypeInformation
MI Number:5/15
Publication Date:09/01/2015 12:00:00
LA Contact:Finance Support Officer
Audience:Cluster Lead / Chair of Cluster Governors / Finance Staff
Links:Balance Analysis Mechanism.pdf

Balance Analysis Mechanism; Cluster Funds

Balance Analysis Mechanism – Cluster Funds.

A balance control mechanism procedure for clusters came into effect from 1st April 2014 and was included in Norfolk’s Scheme for Financing Schools. The following document attached has been updated to provide further clarification for clusters, demonstrating the legitimate purposes that balances may be held for.

If you have any queries relating to anything included in the document, please contact your Finance Support Officer in the first instance.