Schools financial management

Financial procedures

There are financial procedures schools must follow in managing the budgets we delegate to them. These following guidelines explain them and provide wider financial management advice for schools.

• Surrey Scheme for financing schools 2020 to 2023 (PDF)
• Surrey Scheme for financing schools - List of schools covered at 1 July 2023 (PDF)
• Scheme Annexes C to G 14 June 2019 and 16 June 2023 (PDF)
• The Surrey List of Schools covered Scheme for financing schools 2020 Annex A (PDF)
• The Surrey scheme for financing schools 2019 – annex B – responsibilities of schools and the council for building maintenance (PDF)
• The Surrey scheme for financing schools 2019 – annexes C to G (PDF)

Previous versions are available by contacting the schools funding team.

Files available to download

• Surrey scheme for financing Schools 2020 to 2023 (PDF)
  Information on Scheme for Financing Schools. All local authorities are required under s48 of the School Standards and Framework Act 1998 (as amended) to publish
• Surrey scheme for financing schools - List of schools covered at 1 July 2023 (PDF)
  Lists the Surrey maintained schools to which the scheme currently applies. The scheme applies to all Surrey local authority maintained schools.
• Surrey Scheme for financing schools Annexes C to G June 2019 to June 2023 (PDF)
  Information on issues covered by the scheme, including, for example, operation of local bank accounts and obtaining approval for budget deficits
• The Surrey scheme for financing schools 2020 Annex A - 27 May 2022 (PDF)
  At 1 May 2020 the schools listed in this document were Maintained by Surrey County Council (and thus covered by the scheme).
• Annex B - Responsibilities of schools and the council for school buildings (PDF)
  Responsibilities of schools and the council for school building maintenance.
• The Surrey scheme for financing schools 2019 – annexes C to G (PDF)
  Annex C deleted, Annex D procurement, Annex E the operation of local bank accounts, Annex F licensed deficit, Annex G premature retirement and redundancy costs.