Investing School Budget Funds

Restrictions on Investing School Budget Funds

We would like to remind schools that, in investing school budget funds, schools may only invest funds with the banks permitted by the Scheme for Financing Schools (provision 5.3.1) and the maximum permitted period of investment is 1 year. 

Schools are not permitted to invest school budget funds over a longer term. This restriction does not apply to any private funds held by schools, such as School Fund.


Information

Published: 15/04/2014
Audience: Headteachers and Finance Managers
Contact: Andrew Redding

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