This year the Section 52 budget statement comprises of nine parts.

SBST: The Transparent Account (13Kb PDF file)

This table provides an account of the main sources of funding available to Local Education Authorities (LEAs) for their schools and of the funding delivered to schools, giving a comparison with the previous year 2006/07.

Table 1: LEA Level Information (the total planned education spending by the LEA) (30Kb PDF file)

Provides details of the LEA's Education Budget for 2006/07, the greater part of the budget falls within the Schools Budget. The non-school element of the budget consists of: (1) Strategic Management, (2) Non devolved specific grants, (3) Centrally retained element of Special Education, (4) School Improvement, (5) Access, and lastly (6) Youth & Community.

Annex to Table 1: Central Expenditure Limit (18Kb PDF file)

This relates to the central expenditure of each LEA within the schools budget, and is so designed for LEAs to show that they have complied with the limit on central spend within the Schools budget.

The Central Expenditure Limit exists to ensure that the LEA Budget (Nonschools budget) does not rise faster than the School Budget. Should the LEA Budget be in danger of rising faster than Schools Budget, the LEA would need Secretary of State approval, and would need to provide sound reasons as to why the percentage increase in LEA Budget (Non-schools budget) is higher than that of the Schools Budget.

Annex to Table 1: Youth Service (13Kb PDF file)

This table provides information at a summary level of planned net expenditure for the Youth Service.

Table 2: School Level Information (43Kb PDF file)

Lists all schools giving details of individual school budget shares for 2007/08.

Table 2 is linked to Table 3 - it summarises the main formula funding elements and lists the budget share and the per pupil or place share in each school.

Table 3a: School Level Information  (69Kb PDF file)

Lists Nursery, Primary, and Secondary schools and shows the calculation of each school's budget share for 2007/08.

Table 3b: School Level Information  (21Kb PDF file)

Gives a listing of Special Schools and shows the calculation of each special school's budget share for 2007/08.

Note that table 3 shows how the LEA's formula (described in Table 5) has been applied to each school to calculate its budget share, including all the relevant factors and lump sums, and the numbers of pupils in each school year used to allocate pupil-led funding. It has been split into two parts to aid completion.

Table 4: Funding Factors  (74Kb PDF file)

Relates to Primary & Secondary schools. Lists schools and gives details of how the Minimum Funding Guarantee (MFG) has been applied. It does not include maintained nursery schools, special schools or new schools opening in 2007/08 (unless formed from the amalgamation of two existing schools).

Table 5: Cross Table Validation  (16Kb PDF file)

This table includes the LEA's allocation formula and applies to Nursery, Primary and Secondary schools.

Table 5 is where the LEA is required to set out the detail of every formula factor, and each school must be able to relate its own budget share back to the items set out in this part. The LEA must therefore include a complete list of all the factors and values in their formula and details of the funds allocated across all schools according to each factor.

Some of these documents are in PDF format . To view them you may need to download a free copy of Adobe Acrobat Reader.

Contact us

Further information can be obtained from:

Head of Finance
Children and Young People's Service
London Borough of Waltham Forest
Silver Birch House
PO Box 416
Uplands Business Park
Blackhorse Lane
Walthamstow  E17 5SD

Tel 020 8496 3520
Fax 020 8496 3609
Email raina.turner@walthamforest.gov.uk