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Academies: running a deficit budget
Can academies run deficit budgets? We look at the rules on running deficit budgets in academies that have reserves available, and academies that do not. We also look at whether one academy in a MAT can run on a deficit budget when the MAT is in surplus overall.
- Running in-year deficit budgets using reserves
- Running a deficit budget without reserves to meet the shortfall
- One academy in a MAT setting a deficit budget
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