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573422
star this property registered interest false more like this
star this property date less than 2016-09-02more like thismore than 2016-09-02
star this property answering body
Department for Education more like this
star this property answering dept id 60 more like this
star this property answering dept short name Education more like this
star this property answering dept sort name Education remove filter
star this property hansard heading Schools: Finance more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Education, whether her Department issues guidance on the proportion of a school's annual budget it considers prudent for a school to hold as a cash balance. more like this
star this property tabling member constituency Stafford more like this
star this property tabling member printed
Jeremy Lefroy remove filter
star this property uin 44117 more like this
unstar this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2016-09-12more like thismore than 2016-09-12
star this property answer text <p>For maintained schools, local authorities have devolved responsibility for their funding and determine locally their balance control mechanisms. For academies, the Trustees determine the appropriate level of reserves that the Trust should hold in accordance with their responsibilities under Charity Law. The Department monitors the overall level of balances across the sector and keeps this under review.</p><p> </p> more like this
star this property answering member constituency Bognor Regis and Littlehampton remove filter
unstar this property answering member printed Nick Gibb more like this
star this property question first answered
remove maximum value filtermore like thismore than 2016-09-12T13:43:03.71Z
star this property answering member
111
star this property label Biography information for Nick Gibb more like this
star this property tabling member
4109
unstar this property label Biography information for Jeremy Lefroy more like this
542170
star this property registered interest false more like this
star this property date less than 2016-07-21more like thismore than 2016-07-21
star this property answering body
Department for Education more like this
star this property answering dept id 60 more like this
star this property answering dept short name Education more like this
star this property answering dept sort name Education remove filter
star this property hansard heading Schools: Finance more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Education, what the average cash balance held by schools in England as a percentage of their annual budget was on 31 March (a) 2015 and (b) 2016. more like this
star this property tabling member constituency Stafford more like this
star this property tabling member printed
Jeremy Lefroy remove filter
star this property uin 43987 more like this
unstar this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2016-09-08more like thismore than 2016-09-08
star this property answer text <p>The latest available revenue balances for Local Authority (LA) maintained schools are given in the table below. They are on an accruals rather than cash accounting basis. Equivalent figures for academies are not available as they report on academic years ending 31 August.</p><p> </p><p><strong>Total revenue balance<sup>1</sup> as a % of total revenue income<sup>2</sup> in LA maintained schools</strong></p><table><tbody><tr><td><p>Date</p></td><td><p>%</p></td></tr><tr><td><p>31 March 2014</p></td><td><p>6.7</p></td></tr><tr><td><p>31 March 2015</p></td><td><p>8.2</p></td></tr></tbody></table><p>Source: Consistent Financial Reporting survey</p><p>1. A school's total revenue balance is calculated from the combination of any unspent allocations and the cumulative balance of income minus expenditure from revenue funding sources during the financial year and any balances carried forward from previous years.</p><p>2. A school's total revenue income for the year includes all revenue funding available in the year as well as any additional income generated by the school. This does not include any revenue balances carried forward from previous years.</p><p> </p><p>These data are published annually, most recently in the Department’s Statistical Release LA and school expenditure: 2014 to 2015 financial year, available at: <a href="https://www.gov.uk/government/statistics/schools-education-and-childrens-services-spending-2014-to-2015" target="_blank">https://www.gov.uk/government/statistics/schools-education-and-childrens-services-spending-2014-to-2015</a></p><p> </p><p>Figures for 31 March 2016 will be published in December 2016.</p>
star this property answering member constituency Bognor Regis and Littlehampton remove filter
unstar this property answering member printed Nick Gibb more like this
star this property question first answered
less than 2016-09-08T13:36:39.167Zmore like thisremove minimum value filter
star this property answering member
111
star this property label Biography information for Nick Gibb more like this
star this property tabling member
4109
unstar this property label Biography information for Jeremy Lefroy more like this