Governors/trustees will scrutinise your budget before they approve it
They're required to check that you're managing resources and finances effectively.
This usually takes place at 2 levels (depending on the governance structure at your school/trust):
- Finance committee – where governors/trustees look at your budget projection and report in detail
- Full governing board – where the chair of the finance committee recommends the budget for approval to the board, following the detailed scrutiny by the committee
Download our budget planning and reporting templates
Detailed budget planner
Use this to present your income and expenditure in detail:
Note: this is the same spreadsheet as in our budget planning article – if you've already filled it in, go straight to the report template below. It's also worth checking with your local authority (LA) or trust in case it has budget planning tools it would prefer you to use.
Space to set out detailed budget planning for the next