Issue - meetings

SCHOOLS FINANCIAL VALUE STANDARD (SFVS)

Meeting: 18/05/2017 - Schools Forum (Item 10)

10 Schools Financial Value Standard (SFVS) pdf icon PDF 128 KB

To consider a report of the Borough Treasurer.

The report provides Schools Forum Members with an update on the requirement for schools to complete the self-assessment process against the Schools Financial Value Standard (SFVS).

The report also provides Schools Forum Members with information regarding the schools the Local Authority Schools Finance team supported through the process via a service level agreement (SLA).

The report also provides details of good practice identified across the sectors.

Schools Forum members are asked to:

 

a) Note the above report;

b) To share information with the wider school sector population and seek to explore further collaboration opportunities and/or implement identified “good practice”;

c) To identify and inform schools finance team of any alternative and/or further training/support required; and

d) Offer any further comments and/or request any further actions to be undertaken.

 

Officer contact: Peter Hughes on 0161 474 3947 or email: peter.hughes@stockport.gov.uk

 

 

 

 

Minutes:

A representative of the Borough Treasurer submitted a report (copies of which had been circulated) which provided Schools Forum Members with an update on the requirement for schools to complete the annual self-assessment process against the Schools Financial Value Standard (SFVS).

The report also provided Schools Forum Members with information regarding the schools that the Local Authority Schools Finance team had supported through the process via a Service Level Agreement (SLA).

The report further provided details of good practice identified across the sectors.

RESOLVED – (i) That the report be noted.

(ii)  That information be shared with the wider school sector population in order to explore further collaboration opportunities and/or implement identified ‘good practice’.

(iii) To identify and inform schools finance team of any alternative and/or further training/support required.