School budgets are funded through a combination of income sources - business rates, council tax, government grants and through the government’s local government settlement. If you are interested in how schools’ budgets fit into the overall County Council Budget or how school funding in Cambridgeshire compares with other authorities (Benchmark Data) please click on the links.

The Schools’ Budget is a term used to bring together both individual school’s budgets (called the ISB) and school monies managed centrally on their behalf. If you are interested in this split you will find details in the LEA Budget Statements in the links.

The financial rules and regulations within which schools work and the distribution formula used to allocate funding to schools is set out in a legal document called the School Funding Scheme. The formula used includes allocations for pupils with Special Educational Needs, etc so we have included a link on the right to find out more about this.

The Key Statements, useful for seeing how much funding a particular school receives, how this is made up, or how the school has spent it’s funding, are:-

· School Budgets (Section 52)
Funding made available annually to schools, showing how the funding is made up and how this compares with other county schools.  Please see the spreadsheets to the right.

· Outturn (End of Year Statements) (Section 52)
How the school has spent the funding available to it, including any year-end balances unspent/overdrawn.   Please see the spreadsheets to the right.

The The Office of Children & Young People's Service (OCYPS) - Finance both calculates and monitors school funding, and provides financial advice to schools through a traded service.

For more information about the service, click on the links.