Additional local authority capital allocations for 2012-13: £600 million basic need funding
In the Autumn Statement 2011, the Treasury announced an additional £600 million of capital basic need funding for schools in England. On 11 April 2012, the Secretary of State announced the allocation of this funding for local authorities.
A full schedule of these allocations at local authority level can be downloaded from the DfE site. The Wandsworth council was given an additional £5,028,058 for school funding.
The funding has been allocated using 100 per cent capacity data to fund the shortfall in places as at 2013-14 (the same method we used for the £500m redirected basic need funding in November last year). Data will be taken from the existing 2011 Schools Capacity Forecast return.