Submit a 3-year budget forecast to your LA
When: Between 1 May and 30 June of each year – your local authority (LA) will determine the exact date.
This is usually separate from your school's annual budget (read more in section 4.3 of this DfE guidance on schemes for financing maintained schools).
The DfE doesn't prescribe a format for these documents, so your school should check with your LA how it should:
- Complete the 3-year budget forecast and annual budget
- Submit both documents to the LA
Your LA will let your school know how it intends to use the 3-year budget forecast. It may use it for more than just confirming whether your school is carrying out effective financial planning (for example, to support its assessment of the Schools Financial Value Standard (SFVS)).