My Right Honourable Friend, The Minister of State for School Standards (Nick Gibb), has made the following statement:
Today, I am confirming £1.8 billion of capital funding allocations for financial year 2021/22 to maintain and improve the condition of the school estate in England, as announced at the Spending Review.
This funding is provided to ensure schools have well maintained facilities to provide students with safe environments that support high-quality education. This funding represents an increase of over 20 per cent on last year’s annual allocations and supports the Government’s priority of ensuring that every child has the opportunity of a place at a good school, whatever their background.
For the financial year 2021/22, this funding includes:
- £1.1 billion in School Condition Allocations for local authorities, large multi-academy trusts, academy sponsors, and dioceses, and other large voluntary aided school groups, to invest in maintaining and improving the condition of their schools.
- £0.5 billion available through the Condition Improvement Fund programme for essential maintenance projects at small and stand-alone academy trusts, voluntary aided schools and sixth-form colleges.
- £0.2 billion of Devolved Formula Capital allocated directly for schools to spend on capital projects to meet their own priorities.
Figures have been rounded to one decimal place. Full details of the allocations including the funding methodology for financial year 2021/22 have been published on the Department for Education section on the GOV.UK website.
This statement has also been made in the House of Commons