Management Information Sheet

Your school may have contributed to or is intending to contribute to the ICT Refresh 14-18 programme. Contributions towards Refresh can come from either your school's capital budget or revenue budget. In the recent round of refunds due at the end of the 2010-2014 programme, refunds were paid back to either revenue or capital depending on which source they came from.

This method was not in keeping with financial accounting practice, as a revenue contribution to capital cannot be returned back to revenue once converted. Contributions to Refresh from revenue are contributions to capital and, as such, any future refunds due will only be credited back to capital.