Education Authority
Education Authority
Home > Schools > School Finance > Local Management of Schools > Outturn Statements
Outturn Statements

Outturn Statements

The publication of outturn statements at the end of each financial year allows actual net expenditure to be compared with budget allocations adjusted to include supplementary allocations and allocations from excepted items and the contingency provision. The outturn statement also indicates balances to be carried forward into the subsequent financial year by individual schools. Underspends increase the resources available to schools in the subsequent financial year, while overspends have to be recovered out of the subsequent year's allocation and, in effect, reduce the amount available for spending in that year.

OTHER PAGES IN:

Local Management of Schools

SERVICES & INFORMATION

The Education and Library Boards (ELBs) were dissolved on 31 March 2015. The Education Authority was established on 01 April 2015 and is now responsible for all of the operational functions previously carried out by the five ELBs in accordance with the Education Orders.

40 Academy Street, Belfast, BT1 2NQ
Email: info@eani.org.uk