Academies: Capital Investment

(asked on 13th December 2017) - View Source

Question to the Department for Education:

To ask the Secretary of State for Education, what additional funding is available to new academies for programmes of facility and building improvement and modification.


Answered by
Robert Goodwill Portrait
Robert Goodwill
This question was answered on 22nd December 2017

The government has committed to invest more than £23 billon in the school estate between 2016-17 and 2020-21. This includes a combination of formula and bid-based allocations to schools, local authorities and academy trusts and centrally delivered programmes.

Academies are able to access funding in different ways depending on their structure and size. Allocations include School Condition Allocations and Devolved Formula Capital, and the bid-based Condition Improvement Fund. Other funding is available through centrally-delivered programmes, including the £4.4 billion Priority Schools Building Programme. Revenue funding can also be used for capital purposes.

In addition to this, we offer Environmental Improvement Grants for light refurbishment works. These are available to sponsored academies that need the most support when converting to assist them to raise standards and transform educational attainment.

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