The Council of the Isles of Scilly is required under section 52 of the Schools Standards and Framework Act 1998 to prepare a budget statement by the beginning of each financial year for that year. After the end of that financial year they are required to prepare an outturn statement for which separate regulations and guidance apply.
The size of the Schools Budget, and the amounts to be allocated to each factor depend on budget decisions taken by the Council of the Isles of Scilly before the beginning of each financial year. The government state that Section 52 budget statements are the means of informing schools and the public in general about the funding plans of the Council of the Isles of Scilly.
The copy of the statement that schools receive for the forthcoming year is intended to provide a clear picture of the Council of the Isles of Scilly's planned spending
- How much of the whole education budget the LA intends to spend on items outside the School Budget;
- How much the LA is proposing to retain centrally within the School Budget for school services;
- How the formula is working to produce budget shares for the Five Islands School.
The Government believe it is important that schools and others can compare funding and methodology between different LAs, so as to inform debate about budget levels and such issues as the balance of funding between primary and secondary schools. It is therefore essential that all statements are prepared to a common format and to meet this requirement the Government have largely proscribed the format of the Section 52 budget statements.
Section 52 - 2009/2010 Budget Statement Opens in a new window
Section 52 - 2008/2009 Outturn Statement Opens in a new window
Section 52 - 2009/10 to 2010/11 Budget Statement Opens in a new window
Description of each of the tables
S52 Table SBS Opens in a new window: The Transparent Account
This is a statement which provides an account of the main sources of funding available to the Council of the Isles of Scilly for its schools and of the funding delivered to schools, giving a comparison with the previous year.
S52 Table 1 - LEA Opens in a new window: The total planned education spending by the LA
This gives, at LEA-level, an overall picture of the Council of the Isles of Scilly's planned spending on educational provision (both school and non-school). The government states that information provided in this table enables a comparison to be made between the funding being allocated direct to schools and the amount being spent other than on schools, (i.e. retained centrally or devolved by the LA).
S52 Table 1 - CEL Opens in a new window: Central Expenditure Limit Annex to Table 1
Annex A Table 1 is designed to demonstrate that the Council of the Isles of Scilly is complying with the limit on central spend within the Schools budget.
S52 Table 1 - YS Opens in a new window: The planned NET expenditure on the LA's Youth service
Annex B Table 1 is a breakdown of the LA's planned expenditure on its youth service.
S52 Table 2 Opens in a new window: Five Islands School Budget shares
Table 2 is linked to Table 3 - it summarises the main formula funding elements and lists the budget share and the per pupil or per place share in each school.
S52 Table 3 Opens in a new window: The calculation of the Five Islands School budget share
Table 3 shows how the LA's formula (described in Table 4) has been applied to each school to calculate its budget share, including all the relevant factors and lump sums, and the numbers of pupils in each school year used to allocate pupil-led funding.
S52 Table MFG Opens in a new window: Five Islands School minimum funding guarantee
This shows how the minimum funding guarantee has been applied to the Five Islands School
S52 Table 4 - Factor Funding Opens in a new window: The LA's allocation formula
This sets out the detail of every formula factor, to enable a school to be able to relate its own budget share back to the items set out in this part. The table includes a complete list of all the factors and values in their formula and details of the funds allocated across all schools according to each factor. It also provides a cross reference to the appropriate fair funding regulation.
