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Introduction
The Funding Framework: the "Fair Funding: Scheme For Financing Schools" is the scheme made by Birmingham City Council in accordance with Section 48 (s48) of The Schools Standards and Framework Act 1998 (SSAF Act 1998).
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Charging of School Budget Shares
Circumstances in which charges may be made
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Cheque Book Schools
Instalments of budget share; banking arrangements
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Community Facilities
Community facilities are subject to a number of controls
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Financial Controls
The application of financial controls to schools and the provision of financial information and reports
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Former GM Schools
Former GM and GM Special Schools’ balances
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Income
Income from lettings and community provision; fees and charges; fund raising and other sources
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Insurance
Insurance cover details
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Miscellaneous
Rights of access to information and other legal requirements
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Private Finance Initiative
Ten
schools have benefited from PFI Package One. These
schools have either been rebuilt altogether, or had
major extensions and refurbishment of other parts of
the school.
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Provision of
Services & Facilities by the Local Authority
Centrally held
services that continue to be funded through an
Authority’s budget and those centrally held services
that are deducted from the Schools Budget, funded
through the Dedicated Schools Grant (DSG).
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Repairs & Maintenance
Responsibilities for Repairs & Maintenance
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Surplus & Deficits
The treatment of surplus and deficit balances arising in relation to budget shares
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Taxation
VAT, Construction Industry Taxation Scheme
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Annexe A
List of schools covered by the Birmingham Approved Fair Funding Scheme for Financing Schools
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Annexe B
The principles of Best Value
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Annexe C
Responsibilities for Repairs & Maintenance
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