Page 6 - 2021 Scheme of Delegation Maximum

DCAT Scheme of Delegation/decision making matrix Date of issue: September 2021
Type: Maximum/all academies with a green point in time risk rating (POINTER*) *Appendix 1
excess of 5% of the total expenditure of that individual budget
or
To approve any changes to the overall combined expenditure of the approved budget where the combined changes to individual budgets equate to 2% or more of total expenditure for the combined Trust budgets
To monitor income, expenditure, cash flow and balance sheet of the Academy Trust
To appoint an Accounting Officer, ordinarily the CEO and Chief Finance Officer in compliance with ESFA handbook
To ensure proper financial controls and
evaluation of the delivery of any central services and functions provided or procured by the Trust for the Academy
To approve any changes to the agreed individual academy budget below 5% and where the changes maintain a surplus position
To prepare monitoring reports for the Trustees
To act as the Accounting Officer
To ensure proper financial controls are in place
To maintain a register of business interests (of the Executive)
To set up and approve staff expenses for the Executive
To open bank accounts
To enter into contracts up to £200,000 and within an agreed budget and for no
for no more than one twelve-month period
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