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Despite the ‘axing’ of the Building Schools for
the Future (BSF) programme, school building and
refurbishment projects are set to continue, with
the Government intending to invest almost
£3.5 Billion in Education works over the
next few years. In addition, approximately 600
schools from the Building Schools for the Future
and Academies programmes, are to receive
funding, following a review of projects classed
as ‘Under Discussion’ by the Department for
Education.
Over £3.5 Billion Capital Funding Allocated for
2011-12
On 13th December 2011, the Secretary
of State announced details of allocation of over
£2 billion of capital funding for 2012-13 to
schools and Local Authorities (LAs). These
allocations are detailed below:-
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£800 million of basic need funding to LAs to
provide school places where needed in their
area. This can be used to fund projects at
any type of publically funded school,
including existing or new Free Schools.
Please note, this does not include the
additional £600 million allocated for Basic
Need funding in the Autumn statement.
-
£686 million of maintenance capital to LAs
to support the needs of schools that they
maintain and for the Sure Start children’s centres in their area.
Allocations by school are weighted by pupil
numbers and have been
abated where schools
have been or are about to be modernised
through the Building Schools for the Future
programme, or through privately financed
projects.
-
£276 million of
maintenance capital for Academies.
-
£174 million of
locally-coordinated VA programme capital to
support the maintenance capital needs of
voluntary-aided schools.
-
£200 million of
devolved formula capital for schools; and
-
a total of £107 million
for 16-19 maintenance, devolved formula
capital and basic need funding.
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Free Schools Capital Funding Announced
Of the 24 Free Schools
that have opened to date, the Department for Education
has published details on seven projects
where the cost of
building works have been finalised and contracts signed.
Estimates for the total capital costs of the first 24
Free Schools range between £110 million and £130
million. A number of these schools
have opened in temporary accommodation or require
additional building work. This will take place over the
coming months and years, meaning final capital costs are
not yet finalised and contracts have not yet been
signed.
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