In July 2020, the DfE outlined a number of new financial transparency requirements for local authority maintained schools. Schools should ensure the following requirements are actioned:
LA maintained schools to publish a link to the DfE national schools financial benchmarking website, where the Consistent Financial Reporting (CFR) statement of income, expenditure and balances is published. This is available at the bottom of this page.
All LA maintained schools are required to publish annually on their websites the number of individuals (if any) earning over £100K in £10K bandings. There are no staff members within our federation who are paid over £100K.