Outline of cash distribution times

Scenario 1

Timescale

Using LA payroll, pay budget retain centrally and non-pay budget is required on a termly basis

April 5/12ths of indicative non-pay budget estimated at 10% of total budget

June 5/12ths of non-pay budget based on budget plan less payment made in April plus overspend/underspend carried forward from previous year

September 4/12ths of non-pay budget based on budget plan

January 3/12ths of non-pay budget based on budget plan

Cash will be distributed by 10th of the stated month above

Scenario 2

 
Not using LA payroll, pay and non-pay budget are required on a monthly basis

This arrangement must be requested prior to the start of the financial year.

Cash will be distributed by 18th of each month by standing order

Scenario 3

 
Schools in deficit or projected deficit

School will receive non-pay budget on a monthly basis

Cash will be distributed by 10th of each month