Management Information Sheet
LA Maintained Schools: Autumn Term RAG
Today (31 January) you will receive your Autumn Term 2022 RAG, via email to the Headteacher and can also access it via your MySchool account. They have been prepared in accordance with the framework as detailed in MI sheet 114/19.
Our expectations are that this RAG is discussed as a school, to understand what the risks and challenges are within your school.
As a result of the feedback we have received on previous RAGs, I want to take this opportunity to clarify some of the rationale behind some of the ratings.
Training
This is taken on finance courses which have been completed via the Learning Hub, MyOracle, or remotely delivered training, between 1 January 2022 and 31 December 2022. We collate the completion from both the Learning and Governor Hub. Please note that only finance courses booked on the Governor Hub will be considered.
Training for Governors
We have received a few concerns previously where governors cover more than one school. Due to an enhancement in Governor Hub, if a governor has included all the boards they sit on, training should be allocated against all of them.
The LA returns section is reviewing whether month end issues report from Star are being reviewed and actioned, as well as whether the month end is being received as per the deadlines. The RAGs are compiled by both your school's Finance Support Officer and the Technical Support Officer assigned to your school.