A guide to budget setting
For academy trust trustees
Trust boards must approve a budget each year which details expected income and planned spending. These plans should be carefully scrutinised and approved by trust boards before they are submitted to the Education and Skills Funding Agency (ESFA).
Download budget setting guide (PDF)
This guide covers:
- how academy trusts are funded
- budget setting timetable
- preparing the draft budget
- scrutinising the draft budget
- approving the budget
- tools to support budget scrutiny
Further reading