Get the free Dedicated Schools Grant Outturn Report 202122.pdf - moderngov kingston gov

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ITEM 5 REPORT TO: DATE: SUBJECT:Kingston Schools Forum 12 January 2021 2021/22 Budget Update1. Purpose of Report1.1. To update the Forum on the indicative 2021/22 allocation for the Dedicated Schools

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Step 3: Fill in the financial information accurately, including income and expenditure details.

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Step 4: Provide a breakdown of how the grant funds have been allocated and utilized.

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Who needs dedicated schools grant outturn?

01

School administrators who receive dedicated schools grants

02

Education authorities responsible for managing school finances

03

Government agencies overseeing education funding and allocations

04

Accounting departments within educational institutions

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Auditors or inspectors evaluating school financial reports

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What is dedicated schools grant outturn?

The dedicated schools grant outturn is a financial report that captures the final spending of the dedicated schools grant fund at the end of a financial year, detailing how the funds allocated for education were ultimately utilized.

Who is required to file dedicated schools grant outturn?

Local authorities that receive dedicated schools grant funding are required to file the dedicated schools grant outturn.

How to fill out dedicated schools grant outturn?

To fill out the dedicated schools grant outturn, local authorities must gather financial data on their spending, categorize the expenses according to the required formats, and enter the information into the appropriate reporting templates provided by the education department.

What is the purpose of dedicated schools grant outturn?

The purpose of the dedicated schools grant outturn is to provide transparency and accountability regarding how the allocated funds for education are spent, ensuring that resources are utilized effectively to support schools and educational programs.

What information must be reported on dedicated schools grant outturn?

On the dedicated schools grant outturn, authorities must report total funds received, expenditures by category, any underspend or overspend, and the reasons for any significant discrepancies from the planned budget.

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