Schools financial management

Financial procedures

There are financial procedures schools must follow in managing the budgets we delegate to them. These following guidelines explain them and provide wider financial management advice for schools.

• The Surrey Scheme for financing schools - February 2025 (PDF)
• The Surrey Scheme for financing schools 2024 - Annex A (PDF)
• Annex B of Surrey Scheme - updated 1 February 2025 (PDF)
• Annexes C to G of Surrey Scheme - updated 1 February 2025 (PDF)

Previous versions are available by contacting the schools funding team

Files available to download

• The Surrey Scheme for Financing Schools - February 2025 (PDF)
  Lists the Surrey maintained schools to which the scheme currently applies. The scheme applies to all Surrey local authority maintained schools.
• The Surrey scheme for financing schools 2024 - Annex A (PDF)
  The Scheme applies to all schools maintained by Surrey County Council. At 1 July 2024 the schools listed are maintained by Surrey County Council (and thus covered by the scheme).
• Annex B of Surrey Scheme - updated 1 February 2025 (PDF)
  Describing the responsibilities of schools and the council for school building maintenance, including capital and recurrent maintenance.
• Annexes C to G of Surrey Scheme - updated 1 Feb 2025 (PDF)
  Information on issues covered by the scheme, including, for example, operation of local bank accounts and obtaining approval for budget deficits