Financial reporting arrangements

Financial Reporting Arrangements

Section 48

The City of Westminster Scheme of Financing Schools (Section 48 of the Schools Standards and Framework Act 1998) is available for download in PDF format:

•  Westminster Scheme of Financing Schools

Section 52

The annual statements documenting proposed and actual education expenditure for the City of Westminster (COW) are available for download in Excel format:

• Section 52 Budget Statements
• Section 52 Outturn Statements

It is important that Schools Forum and others can compare funding and methodology between different LAs, so as to inform debate about budget levels and such issues as the balance of funding between nursery, primary, secondary and special schools. It is therefore essential that all statements are prepared to a common format.

Further guidance can be found on the Section 52 DCSF website.