Resourcing Handbook Chapter 6: Financial Management

Chapter 6: Financial Management: Funding, Staffing and Allowances Handbook.

Chapter 6: Financial Management - 2009 Version

The Funding, Staffing and Allowances Handbook was fully updated and the hard copy sent to schools in December 2008.

The chapter is located at the bottom of this page as a downloadable pdf file.

Updates

Updates will be made to the web version during the year. There may be differences between the information contained in your hard copy Handbook and this web page. The web version should be the version relied on as containing the most up-to-date information.

Changes made to any chapters in the Handbook, including this one will be itemised at www.minedu.govt.nz/goto/resourcinghandbook. Please check this page regularly during the year. The changes will also be published in the Education Gazette.

If you have any questions about the information contained in the Handbook, please contact Resourcing Division's Contact Centre on 0-4-463 8383, or e-mail resourcing@minedu.govt.nz.

Contents

Topic See Page
Financial Responsibilities of Boards 2
Budgeting 3
Preparing your School's Budgets 4
Creating an Annual Financial Timetable 8
Monitoring your School's Financial Position 12
What to do if your School is at Risk of Financial Failure 13
Management (Monthly) Reporting 15
Annual Reporting 17
Audit of the Annual Report 19
Tax 20
Financial Advisors 20
Further Information 20
Appendix 1: Financial Governance and Management Checklist 21
Appendix 2: Financial Indicators explained 24

Resourcing Forms

Resourcing forms can be downloaded from www.minedu.govt.nz/goto/resourcingforms or requested from the Resourcing Contact Centre:

Phone: (04) 463 8383
Fax: (04) 463 8374
Email: resourcing@minedu.govt.nz



Content last updated: 24 November 2009