1. Aidan Dolan Director of Education NAHT(NI) Director of Education NAHT(NI) SCHOOL FUNDING

2. NAHT(NI) HEALTH WARNING HEALTH WARNING Always refer to Scheme of management etc for particular school you are operating in.

3. NAHT(NI)  GENERAL SCHOOLS BUDGET=  CENTRALLY HELD RESOURCES- e.g. transport, CASS  RESOURCES HELD AT CENTRE-e.g... substitute cover  LMS- Common formula since 2005= The Aggregated Schools Budget

4. NAHT(NI)  LOCAL MANAGEMENT OF SCHOOLS LMS  CONTROLLED +MAINTAINED funded through ELBs  VGS +GMI funded through DENI  NEXT YEAR:ALL ESA????

5. NAHT(NI)  “THE FORMULA”  AGE WEIGHTED PUPIL UNIT- AWPU  AWPU Cash Value- £2020 (2009/10)  Weightings-  Nursery full time 1.35  Years 1-7 1.05  Years 8-121.68  Years 13-152.18

6. NAHT(NI)  Premises factor- by area and by pupil number  Targeting Social need  Small Schools support  Primary Principal release time  Foundation Stage  Teachers salary Protection  Sports

7. NAHT(NI) ENROLMENT  Child Attended 1 day on or before census date, early October- audited

8. NAHT(NI) GUIDANCE ON FINANCIAL AND MANAGEMENT ARRANGEMENTS GUIDANCE ON FINANCIAL AND MANAGEMENT ARRANGEMENTS  BOG- Financial plan- 3 year  Determination of staff complements  Principal/ VP pay flexibility  Purchase of goods and services

9. NAHT(NI)  BOG may have a Finance Committee

10. NAHT(NI) BOG should BOG should  ensure detailed estimates are drawn up which reflect the school’s priorities  Actual, committed and projected expenditure is monitored( at least quarterly)  Surpluses should be less than 5%(£75000)

11. NAHT(NI) INSURANCES: INSURANCES:  Controlled- self-insured, claims to contingency funds  Maintained- cost of insurance held at centre  VGS/ GMI – meet cost of insurance from LMS funds

12. NAHT(NI)  VAT: Payable by VGS and GMI schools

13. NAHT(NI)  Purchasing- separation of duties –Ordering –Approval for Payment –Cheque signing

14. NAHT(NI) SCHOOL ACCOUNTS/ PARENTS GROUPS SCHOOL ACCOUNTS/ PARENTS GROUPS  All must be audited/ accounted for

15. NAHT(NI) REVIEW OF SCHOOL FUNDING REVIEW OF SCHOOL FUNDING  Primary AWPU increased 1.04-1.05 (£19.66 per pupil)

16. NAHT(NI)  Primary Principal’s Release Time- NAHT(NI) campaign for several years. Success this year- But……STILL  Nursery schools ZERO!

17. NAHT(NI)  LMS- maximum local control/ supported by DENI / Minister and NAHT(NI)  Only 60% financial delegation in NI  80-90% in England  NAHT(NI) seeking full review of all educational expenditure NOT just the formula

18. NAHT(NI)  Future funding of Curriculum and Support services.  NAHT(NI) believes this funding should be delegated to schools and not retained by ESA