Annal Nayyar -Academies finance and financial assurance: 2013 to 2014 Budget Forecast Return

2013 to 2014 Budget Forecast Return

The Education Funding Agency (EFA) uses the budget forecast return to:

  • consolidate academies financial results into the department’s budgets for the financial year 2012 to 2013
  • ensure the estimates of the future funding requirements for academies are accurate
  • assess the ongoing financial health of academies

Academy trusts open on or after 1 April 2013

Academy trusts that opened on or after 1 April 2013 and new academies joining an existing multi-academy trust on or after 1 April 2013 should complete the budget forecast template published on this page.

Academies will need to submit the budget forecast to the EFA within 6 weeks of receiving their final funding letter. The document ‘Budget forecast guide for new academies‘ explains how to complete the return.

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