Leasing still a no go area for schools - DAC Beachcroft

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Leasing still a no go area for schools

Published 1 September 2015

The Department for Education together with the Education Funding Agency has issued a revised version of its statutory guidance to local authorities concerning how school revenue budgets are financed. The guidance now includes strong emphasis that school budgets should not be committed to finance leasing transactions. The guidance does draw attention to other approaches that will be relevant for some schools.

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