Agenda item

Coral Miller presented a report outlining three proposed changes to the Scheme for Financing Schools and the result of the consultation with schools on this. 

Schools Forum agreed two amendments to the Scheme for Financing Schools:

Schools should make a register of business and other interests publicly available e.g. on a publicly accessible website (2.9 of Scheme)

New wording to clarify borrowing by schools, for example, in relation to financial leases (3.6 of Scheme)

Schools Forum requested that the wording of the proposed change regarding the revenue Balance Control Mechanism be clarified and brought to the next meeting, showing the original wording and the proposed new wording of the relevant section of the Scheme (4.2 of Scheme).