What are the LA's statutory responsibilities?

Under the School Standards and Framework Act 1998, Nottingham City Council retains overall responsibility for the provision of School budgets, and has statutory responsibilities relating to the collection of information to ensure schools are soundly managing their delegated budget share, and / or any central expenditure by the Authority on the school.

What are statutory returns to the LA?

  • School Budget Plan
  • Monthly Vat files and Vat Submittal
  • Monthly REC1
  • Outturn Report
  • Oracle Amendment Form
  • Budget Virement Form
  • Cashflow Statement
  • 3 Year Financial Plan
  • Deficit Recovery Plan