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Local management of schools (LMS)

Information about financing schools, retention guidelines for schools, asset management policy and declarations of pecuniary interest.

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Local management of schools (LMS)

  • Secure school web remittances

Banking including OneCard

Information about how to manage a local bank account and guidance on the use of OneCards.

Reporting requirements

Information about the key financial tasks required by schools each year.

LMS scheme

Information about the Local Management of Schools scheme for financing schools.

Audit, leasing and procurement

Information about school audits, leasing and procurement.

Financial regulation and guidance

Information about financial regulations and guidance for schools, school VAT guidance, school insurance and school financial systems.

School funding

Budget and funding formula models as well as information about other funding for schools.

Section 251 budget and outturn statements

Information about the outturn statement showing actual expenditure in tables and financial budgets at LA and school level.

Statutory Returns

Schools Financial Value Standard (SFVS) and Consistent Financial Reporting (CFR)

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