3-5 Year Budget Plans Katherine Vernon – Schools Accountancy Assistant Tel /

Income DSG Schools Block DSG High Needs Block DSG Early Years Block Grants Locally generated income Lottery funding/grants

DSG Schools Block Average 86% of funding allocation (excluding MFG) is Pupil Led Average 79% of funding allocation (excluding MFG) is through the AWPU Therefore need good pupil projections. Schools know their own area/demographics/parents and current pupil population and how they will move up through the school. We have stats from Piers.

Primary Pupil Projections

Secondary Pupil Projections

DSG High Needs Block Statements/EHCPs – standard formula to work out top up Exceptional needs – no statement/EHCP as yet. Cluster meetings/SENCO, termly. Give SENCO costings on what has already been spent on pupil, what if any additional grants are attracted by the pupil, what (how much?) is required?

DSG Early Years Block Those with nurseries only. Single Funding Formula Expand to allow 2 year olds? Free entitlement may increase to 30 hours for 2 working parents. Not yet consulted upon.

Grants Pupil Premium Early Years Pupil Premium – 53p per funded hour. Allocated termly with usual adjustment. UIFSM - current year 2s expect school lunches in year 3 and upwards? Expenditure Year 7 catch up PE Sports Grant Summer School (secondary only)

Locally generated income Lettings - school hall, sports field PTA donations Sponsorship

Grant Finder websites content/programmes/england/awards-for-all- englandhttps:// content/programmes/england/awards-for-all- england projecthttps:// project

Expenditure Staff - National average 72%. WBC schools to aim between 80% and 85%, roughly 54% teaching staff up to 31% support staff. These %’s are against DSG only. Reason being DSG guaranteed (bread and butter) anything else is a bonus (jam ) Tools in FMS/SIMS to project - Think ahead re Retirements, NQTs, costs of advertising

Other things to think about School Development Plan Rolling maintenance, IT programme, furniture Waste – food waste Energy

More things to think about Collaborate with other schools/clusters Benchmark with other schools eg. photocopying costs Liaise with Procurement to get better value, group contracts

Toolkits (Financial Benchmarking website for schools) (Training workshops for governing body members – Improving financial efficiencies in school)

Assumptions Not expected to be correct! It is a snapshot in time Write down your assumptions and show your workings. Budgets can should be revisited and reviewed

Let’s look at the spreadsheet