School Funds are monies held and administered by a School Fund Committee for the benefit of children in the school.
The normal sources of income to school funds are donations, fund raising activities, contributions towards school trips, grant funding and voluntary activities. These funds are separate from Council funds and are not part of the Devolved School Management Budget. Some school staff will be members of the School Fund Committee and act as custodians of the funds. As they do so as employees of the Council, it necessarily follows that the Council is responsible ultimately for the administration and safekeeping of such monies.
Independent Examination Certificate for School Funds 2017/18
Minutes