School financial guidelines

​This page includes finance policy and procedures for schools. Including:

  • maintenance funding increase
  • audits of school councils
  • changes to superannuation guarantee
  • ​investment of school funds.

Finance manual for schools

Finance manual for Victorian government schools
  • Front cover and contents PDF  | Word 
  • Section 1 - Introduction PDF  | Word
  • Section 2 - Governance PDF  | Word
  • Section 3 - Risk management PDF  | Word
  • Section 4 - Internal controls PDF  | Word
  • Section 5 - School council financial assurance program PDF  | Word
  • Section 6 - Budget management PDF  | Word
  • Section 7 - Chart of accounts PDF  | Word
  • Section 8 - Bank accounts and investments PDF  | Word
  • Section 9 - Funding sources PDF  | Word
  • Section 10 - Receivables management and cash handling PDF  | Word
  • Section 11 - Expenditure management PDF  | Word
  • Section 12 - Trading operations PDF  | Word
  • Section 13 - Asset and inventory management PDF  | Word
  • Section 14 - Liabilities management PDF  | Word
  • Section 15 - Taxation PDF  | Word
  • Section 16 - Reporting performance PDF  | Word
  • Section 17 - End of year (31 December) PDF  | Word
  • Section 18 - End of financial year reporting (30 June) PDF  | Word
  • Section 19 - Financial handover PDF  | Word
  • Section 20 - Opening, closing and merging schools PDF  | Word
  • Section 21 - Insurance arrangements PDF  | Word
  • Appendix A  - Glossary of terms and acronyms PDF  | Word
  • Comparison table of content PDF  | Word
  • Version and revision control record PDF  | Word

Guidelines

Guidelines outlining policy and procedure for finance issues:

  • Internal control for schools PDF  | Word 
  • A guide to budget management in Victorian government schools PDF  | Word
  • School level payroll requirements PDF  | Word
  • Asset management policy PDF  | Word
  • Management of school trading operations guidelines PDF  | Word
  • School cash reserve benchmark policy and guidelines PDF  | Word
  • Schools electronic funds management guidelines PDF  | Word
  • Schools investment policy and guidelines PDF  | Word
  • Guide to school council and finance motions PDF |Word
  • Cash handling policy PDF | Word
  • Reimbursement request form Word

Other resources

  • Business continuity after disaster PDF  | Word
  • Information for new business managers PDF  | Word

Cash handling

School purchasing card

See school purchasing card for guides, forms and templates.

Schools targeted funding portal

Access the schools targeted funding portal.