• Review the annual budget and recommendations from the executive team and make recommendations to the board

• Review internal and external financial statements and reports to ensure they reflect best practice

• Review internal and external operational reports e.g. HR, H&S, GDPR to ensure they are monitoring risks effectively and reflect best practice

• Consider and scrutinise termly safeguarding reports from schools

• Consider all relevant reports by the Trust Financial Officer or the external auditor

• Review the effectiveness of the Trust’s internal control system and Value for Money framework

• Review the Trust’s risk register and risk management systems and make recommendation for action to the Board

• Act as pay committee including reviewing headteacher recommendation and rationale for pay progression for school level staff and to consider the affordability of headteacher pay progression recommendations

​

The ARC is chaired by Gary Brown. The CEO, CFO, Head of HR and headteachers (when required) report directly to the committee.

​

The ARC operates within the LT2 Scheme of Delegated Authority.