«Finance
Annual Accounts
LMS Scheme and Guidance
LMS Budget Statements
LMS Outturn Statements
Trust and Endowment Funds
Statement of Losses
Publications - Finance
Contact Details - Finance

Finance, LMS Scheme and Guidance

From 1st April 2005, all schools in Northern Ireland are funded under the arrangements set out in the Common Funding Scheme, using a Common Formula. This single formula replaces the seven separate formulae that had previously been used to fund schools.

Local Management of Schools Common Funding Scheme 2011-12

Items In This Category

Title	Last Modified	Download
Local Management of Schools Common Funding Scheme 2011-12 (1.15MB)	25/08/2011	Download
The Education and Libraries (Northern Ireland) Order 2003 requires the Department to draw up a Common Funding Scheme to apply to all relevant schools funded under the Local Management of Schools...
Guidance on Financial and Management Arrangemetns for Controlled and Maintained Schools (.pdf) (151KB)	15/02/2006	Download
This document sets out the conditions to apply to schools served by the common formula and funded by the North Eastern Education and Library Board, taking account of the requirements and obligations...