The DfE have updated their guidance to schools on accountability and funding:


To make sure schools and colleges are given more autonomy and are held to account for the education they provide, we are:


To make school funding arrangements simpler and fairer, we will:

  • give school leaders more control over how they spend their budget
  • introduce more transparent school and college funding arrangements
  • make sure school and college budgets are set on time and are predictable
  • announce details of the national funding formula by Easter 2014
  • make sure funding always reaches the pupils that need it most

Read the full details on the website

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