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Learning and Skills Council: Finance

Volume 475: debated on Monday 28 April 2008

To ask the Secretary of State for Innovation, Universities and Skills how much was spent on administering the Learning and Skills Council in the latest 12 months for which figures are available. (201123)

The Learning and Skills Council (LSC) spent £226.8 million on administration in financial year 2006-07; the latest 12 months for which figures are available. This includes expenditure on direct staff pay costs; other staffing costs including training and accommodation; and asset depreciation costs.

The LSC’s Grant Letter published in October 2006 set out administration funding for 2007-08 of £219.5 million. The final audited expenditure figures for that year will be published before summer recess.

The LSC’s administration costs have fallen steadily from 4.6 per cent. of total funding in 2001-02, to 1.9 per cent. of its total budget in 2007-08. The latest LSC Grant Letter published in November 2007, shows that further administration efficiency savings will be delivered over the course of the next three years. By 2010-11 the administration budget of the LSC will have fallen to £205.7 million which represents 1.6 per cent. of the total budget of the LSC in that year.