Bellemoor School | Southampton

Membership

Membership shall consist of the chairs of the Full Governing Body, the Premises Committee, the Curriculum Committee and the Personnel Committee as well as the Headteacher and Business Manager.

The governors, at their discretion, may co-opt another governor to join the committee.

Quorum

A Quorum for meetings will be three governors and the Headteacher, or the designated representative of the Headteacher.

Terms of reference:

• In consultation with the Headteacher, to approve the first formal budget plan of the financial year and any subsequent variations
• To establish and maintain an up to date 3 year financial plan
• To consider a budget position statement including virement decisions at least termly and to report significant anomalies from the anticipated position to the Governing Body
• To ensure that the school operates within the Financial Regulations of the City Council
• To monitor expenditure of all voluntary funds kept on behalf of the Governing Body
• To annually review charges and remissions policies and expenses policies.
• To make decisions in respect of service agreements
• To make decisions on expenditure following recommendations from other committees
• To prepare financial statements for inclusion in the governing body report to parents
• To ensure, as far as is practical, that Health and Safety issues are appropriately prioritised
• To determine whether sufficient funds are available for pay increments as recommended by the Headteacher
• In the light of the Headteacher Performance Management Group’s recommendations, to determine whether sufficient funds are available for increments

Disqualification –

Any relevant person employed to work at the school other than as the Headteacher, when the subject for consideration is the pay or performance review of any person employed to work at the school

Date of adoption: 28^th November 2006-12-05

Review Date: November 2007