You are here:

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.

Article tools


  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

Article features

  • 5 external links

More from The Key

CPD Toolkit Fresh

CPD Toolkit makes it easy to run training in-house

Covering a wide range of topics, including differentiation, assessment, SEND and growth mindset, CPD Toolkit has been created by subject experts and tested by teachers to guarantee practical, engaging training that's also excellent value for money.

The Key has taken great care in publishing this article. However, some of the article's content and information may come from or link to third party sources whose quality, relevance, accuracy, completeness, currency and reliability we do not guarantee. Accordingly, we will not be held liable for any use of or reliance placed on this article's content or the links or downloads it provides. This article may contain information sourced from public sector bodies and licensed under the Open Government Licence.