Under the application of the Common Funding Scheme, the Board of Governors of every school receives a delegated budget to meet the on-going costs of running their school, enabling them to plan and use resources to maximum effect in accordance with their school’s needs and priorities.
The Education Authority is required to set out the conditions under which the Board of Governors of each controlled and maintained school is given delegated authority and its delegated budget.
Voluntary grammar and grant-maintained integrated schools are subject to separate funding arrangements operated by the Education Authority under the Financial and Audit Arrangements Manuals. The funding authority responsibility for all voluntary grammar and grant-maintained integrated schools has transferred from the Department of Education to the Education Authority from 1 April 2017.
Further details can be found by visiting the pages below.