The local authority is required to maintain and publish a scheme for financing maintained schools setting out the financial relationship with the maintained schools in the authority’s area. Amendments to the Scheme may be proposed by the authority after consultation with all maintained schools, and may be agreed by the Schools Forum or the Secretary of State for Education. The Secretary of State may also direct changes to all authorities’ scheme for financing schools.

The latest version of the Scheme for Financing Schools  (pdf format, 1.5Mb) is from October 2020 (effective August) and includes amendments directed by the Secretary of State.