Issue - meetings

Scheme for Financing Maintained Schools 2026/27

Meeting: 23/02/2026 - Schools Forum (Item 47)

47 Scheme for Financing Maintained Schools 2026/27 pdf icon PDF 129 KB

The BCP Scheme has been updated to reflect the latest statutory guidance and proposed local financial arrangements.  A short consultation has been undertaken with maintained schools.

Minutes:

The Management Accountant presented a report, a copy of which had been circulated to each Member and appears as Appendix ā€˜C’ to these Minutes in the Minute Book.

 

The Schools Forum was advised that the BCP Scheme had been updated to reflect the latest statutory guidance and proposed local financial arrangements. A short consultation had been undertaken with maintained schools.

 

Members were informed that consultation responses had not raised any objections or proposed amendments. One request had been received to amend the timing of budget share payments where the 28th fell on a weekend, and this had been incorporated into the Scheme.

 

It was also noted that the updates included minor amendments to reflect current practice, including the removal of references to outdated legislation and clarification of arrangements relating to procurement and insurance, including the Department for Education Risk Protection Arrangements.

There were no further questions.

 

RESOLVED that (maintained school members only):

  • The Scheme for Financing Maintained Schools 2026/27 be agreed by maintained school representatives.