Details on the two
budget forecast return
forms have been
posted on the GOV.UK
website. We
recommend all
academy trusts read
this guidance to ensure
compliance with the
form.
As with last year's BFR
and AAR forms,
Schools' Choice will be
supporting the ESFA
with the testing and
development of the
online webform in the
run up to it's release
for both BFRO and
BFR. We will therefore
be in the ideal position
to help aid you with the
completion of your
returns.
To support with the
completion of the
forms, Schools' Choice
will be providing a
series of
documentation and
toolkits to work with
PSF, FMS and BPS
over the coming
weeks.
Budget Forecast
return Outturn
The deadline for this
return is Monday 21st
May 2018 with the
online form going live
during April.
For FMS users,
Schools' Choice will
provide an updated
report pack containing
the latest BFRO lines.
This toolkit can then be
used to run the actuals
figures for 2016/17 and
for March 2018 as well
as forecasting the
outturn for the
remainder of the year.
For PSF users,
Schools' Choice will
provide a mapping
document for our
Schools' Choice
standard nominals.
This document will
show our
recommended
mapping for the Budget
Forecast Return report
built-in to PSF. If you
need advice for any
bespoke codes which
are not part of our PSF
standard build, please
drop us a line to
academies@schoolsch
oice.org
Budget Forecast Return 2018