Part II New framework for maintained schools
C1 Chapter IV Financing of maintained schools
Budgetary framework
47 Determination of school’s budget share.
1
For the purposes of this Part a maintained school’s budget share for a financial year is such amount as the local education authority may determine, in accordance with regulations, to allocate to the school out of the authority’s individual schools budget for that year.
2
Regulations under this section may, in particular, make provision—
a
as to the time when schools’ budget shares are to be initially determined by local education authorities;
b
specifying—
i
factors or criteria which such authorities are to take into account, or
ii
requirements as to other matters with which such authorities are to comply,
in determining such shares, whether generally or in such cases as are specified in the regulations;
c
requiring adjustments to be made to such shares by such authorities in respect of—
i
pupils permanently excluded from schools maintained by them, or
ii
pupils admitted to schools maintained by them who have been permanently excluded from other maintained schools;
d
as to the treatment of new schools, including provision authorising the determination of nil amounts as the budget shares of such schools;
e
authorising or requiring such authorities to take account of matters arising during the course of a financial year—
i
by redetermining budget shares for that year, or
ii
by making adjustments to such shares for the following year,
in accordance with the regulations, and requiring them in that connection to disregard such matters as may be specified in the regulations;
f
requiring consultation to be carried out by such authorities in relation to the factors or criteria which are to be taken into account in determining such shares and as to the time and manner of such consultation;
g
enabling the Secretary of State, where it appears to him to be expedient to do so, to authorise such authorities to determine (or redetermine) budget shares, to such extent as he may specify, in accordance with arrangements approved by him (in place of those provided for by the regulations).
3
Regulations made in pursuance of subsection (2)(c) may provide for the adjustments to be made on such basis as may be prescribed, which may involve the deduction from one school’s budget share of an amount which is greater or less than that allocated to another school’s budget share in respect of the excluded pupil.
Pt. 2 Ch. 4 (ss. 45-53) modified (20.11.1998) by S.I. 1998/2670, reg. 3(1)(3)