The Oxford Diocesan Bucks School Trust-Governors’ Briefing Pack

Page | 38 E. FINANCE Duty HEAD LGB CEO TB Members 1. Set Trust budget Recommend Approve Scrutiny 2. Set individual school budget Recommend Perform Recommend Perform Monitor Approve 3. Managing school budget according to the Trust Financial Manual Perform Perform Monitor Recommend Monitor Scrutiny 4. Determination of central recharge Consult Consult Recommend Approve 5. School delegated capital spending eg DFC Perform Approve Monitor Monitor Scrutiny 6. External capital grant funding eg TCaF Consult Consult Recommend Approve Monitor 7. School Management accounts Perform Monitor Monitor Scrutiny 8. Trust Management Accounts Perform Monitor Approve Monitor Scrutiny 9. Trust insurance arrangements Consult Consult Recommend Approve 10 Trust Investments Policy including internal controls Recommend Approve 11 Trust Buildings, Asset and Premises Maintenance Strategy- school level provision of annual maintenance plan Perform Consult Recommend Approve Monitor Approve Monitor 12 Trust Buildings, Asset and Premises Maintenance Strategy- Trust level Recommend Approve 13 Acquiring and disposing of Trust Freehold owned land Consult Consult Recommend Approve

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