Statutory guidance

Schemes for financing schools

Statutory guidance for local authorities on producing and amending school financing schemes.



This statutory guidance is for local authorities.

Local authorities are required to publish schemes for financing schools, setting out the financial relationship between them and the schools they maintain.

This guidance explains the provisions a scheme must include.

Statutory guidance sets out what local authorities must do to comply with the law. You should follow the guidance unless you have a very good reason not to.

Published 26 March 2013
Last updated 5 February 2019 + show all updates
  1. New version of 'schemes for financing schools' added.

  2. Updated sections 4.8, 4.10 and Annex B following changes to legislation about balances of closing schools, redundancy and early retirement costs and a directed revision to loan schemes.

  3. Updated to include admissions appeals in the list of services local authorities can charge maintained schools for.

  4. Updated document to directed revisions concerning the publication of a register of governors’ business interests and the categorisation of finance leases.

  5. Updated guidance document.

  6. First published.