Scheme for Financing Schools
Councils are reviewing and updating their Schemes for Financing Schools, with Hounslow introducing a new loan scheme for capital projects.
Hounslow Council is introducing a loan scheme for schools to support large capital expenditures, with applications reviewed by the Schools Finance Team and approved by the Executive Director of Finance & Resources. This follows November 2025 discussions by the Hounslow Schools Forum on changes to financial regulations, including a new contingency fund and adjustments to surplus balance thresholds, as part of a consultation on the Scheme for Financing Schools for the 2026-27 financial year.
Other councils are also reviewing their Scheme for Financing Schools, a document outlining financial regulations and arrangements for maintained schools. Barnet's Schools Forum reviewed the scheme in June 2026, and Richmond upon Thames's Schools Forum received updates on it in June 2026. Ealing's Schools Forum was scheduled to discuss the scheme in April 2026, alongside proposed school funding for the 2026-27 academic year.
Key facts
About this summary
This summary was written automatically from our published stories and the council meeting records they draw on. It describes what councils have discussed and decided; it does not take a view on any decision. Each key fact links to the story it comes from. Updated 30 September 2026. Spotted a mistake? Email community@opencouncil.network.