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Academies: running a deficit budget

Ref: 31563
Last updated on 24 November 2017
School types: Academy · School phases: All
In-depth article
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.

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Contents

  1. 1 Running in-year deficit budgets using reserves
  2. 2 Running a deficit budget without reserves to meet the shortfall
  3. 3 One academy in a MAT setting a deficit budget

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