Budget management: annual to-do list

Download and use our budget checklist to track tasks by month across the financial year, and get advice on the main things you need to consider.

Last reviewed on 17 January 2025
School types: AllSchool phases: AllRef: 2430
Contents
  1. Download our annual budget checklist
  2. Plan at least 3 years ahead
  3. Academies: additional considerations

Note: the government has announced plans to close the ESFA by March 2025. Instead, funding will be administered directly by the DfE. We don't expect funding and reporting arrangements to change, but we’ll update this article if new guidance is published.

Download our annual budget checklist

It has all the tasks you may need to carry out during the year, and suggests months in which to carry them out. 

Maintained schools – based on the April to March financial year

KeyDoc: annual budget checklist (maintained) DOCX, 134.0 KB
Download

Academies – based on the academies' financial year, from September to August

KeyDoc: annual budget checklist (academies) DOCX, 135.0 KB
Download

Plan at least 3 years ahead

To create an effective budget:

External factors such as inflation, major repairs and falling or increasing rolls are likely to impact your school’s finances over the next 3 years. You'll need to take these