Additional local authority capital allocations for 2012-13: £600 million basic need funding

Article posted on Wednesday, April, 11th, 2012 at 9:28 pm

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.

 

Article taken from: http://www.education.gov.uk/schools/adminandfinance/schoolscapital/a00208011/la-capital

Leave a Reply

Your email address will not be published. Required fields are marked *