Section 52 budget statement 2007 - 2008

The budget statement is the means of informing schools and the public in general, about the funding plans for the year.
Local education authorities are required, under Section 52 of the Standards and Framework Act of 1998, to prepare and publish a budget statement for the year.
The size of the Local Schools Budget (LSB) and the amounts to be allocated to each factor, depend on budget decisions taken by the local authority (LA) before the beginning of the financial year.
The cash values of the pupil units of resource and other items that go to make up the Individual Schools Budget (ISB) then depend on the formula.
The budget statement is the means of informing schools and the public in general, about the funding plans for the year.
Any comments or queries concerning these documents should be addressed to:

David Spearing
CYP Finance
South Gloucestershire Department for Children and Young People
Bowling Hill
Chipping Sodbury
South Gloucestershire
BS37 6JX

Tel: 01454 863198
Fax: 01454 863263

Email: dave_spearing@southglos.gov.uk