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A new era for self-governing schools begins today with the launch of the Funding Agency for Schools its Chairman Si...
A new era for self-governing schools begins today with the launch of the Funding Agency for Schools its Chairman Sir Christopher Benson said.

Speaking at the launch of the FAS in London Sir Christopher said: 'Self-governing status has been welcomed by all those who have embarked on it. The Funding Agency for Schools has been established to help these and all newcomers to the sector continue with their achievements.

'I am looking forward to the FAS establishing a close working relationship both with the GM sector and local education authorities. We are not being created to take away the autonomy of self-governing schools which has been the key to their success.'

The Agency will support grant-maintained schools by: accurate and timely calculation and payment of grants; providing comprehensive and easily understood information on the responsibilities of GM schools with regard to grant payment and accountability;

Speedy response to requests for information and advice; operating effective and efficient financial control of GM schools and ensuring that they are operating on sound financial principles;

Where relevant, seek and take account of the views of parents and others in the local community to be affected by proposals for school places; taking account of the policy of Choice and Diversity in the provision of school places; developing active partnerships with GM schools and LEAs;

Conducting our business with regard to the cost efficient use of public funds and in accordance with the Financial Memorandum between the FAS and the Department for Education.

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