GovWire

Guidance: Schools financial value standard

Department For Education

November 8
13:22 2024

class="gem-c-govspeak govuk-govspeak gem-c-govspeak--direction-ltr govuk-!-margin-bottom-0">

For the financial year 2024 to 2025, schools should submit their SFVS checklist to their local authority no later than 31 March 2025.

Local-authority-maintained schools must submit the SFVS checklist to their local authority annually. This checklist helps to provide assurance that they are meeting the basic standards necessary to achieve a good level of financial health and resource management. Local authorities use this information to submit an assurance statement.

Academies should use theschool resource management self-assessment checklist.

Updates to this page

Published 22 April 2024
Last updated 8 November 2024 +show all updates
  1. Updated Schools financial value standard (SFVS): checklist guidance and Schools financial value standard (SFVS) checklist with details for the current year.

  2. First published.

Sign up for emails or print this page

Share This


Enjoyed this? Why not share it with others if you've found it useful by using one of the tools below: