DfE publishes school capital maintenance and DFC allocations
The Department for Education has published the school capital maintenance and Devolved Formula Capital (DFC) allocations for 2014 to 2015.
DfE will fund repairs and maintenance through £1.2 billion of maintenance allocations and £200 million of Devolved Formula Capital grant to local authorities and schools in 2014 to 2015. This includes funding for the repair and refurbishment of academies through the Academies Capital Maintenance Fund (ACMF), and for sixth-form colleges through the Building Condition Improvement Fund.
Local authorities will receive the maintenance allocation for their schools. Academies will access their funding by applying to the ACMF. The share of the funding for the ACMF has increased in proportion to the number of pupils in academies since 2013 to 2014.
It is anticipated that from next year DfE will target maintenance funding based upon the condition of school buildings. In the meantime, funding for condition and maintenance will be allocated on a simple and transparent per-pupil basis.
For more information please contact Joanne Davison or call 0191 211 7958.