Budget Monitoring for Headteachers

Learning outcomes

• Gain an understanding of how initial figures for monitoring the school’s budgets are created, and how adjustments are managed to inform the year end forecast amounts.
• Provide an overview of what the funding template looks like and the information that is produced.
• How to dissect the Budget Planning Software generated reports for both cost centre and ledger code.
• Responsibilities as a Headteacher regarding budget monitoring, and how you can ensure you are meeting those responsibilities.