Generally, repairs are of a revenue nature and are financed by revenue funding.
Local authorities are being offered an advance of capital funding from the financial year 2010-11 to 2009-10 to (a) make capital improvements at an earlier date, and (b) support local jobs. The advances of capital funding will be made from allocations devolved to local authorities, also voluntary aided schools, and in some instances from primary capital funding. A tentative estimate of the number of jobs that will be created in 2009-10 is 10,000. The Building Schools for the Future programme is unaffected.
Generally, repairs are of a revenue nature and are financed by revenue funding.
Local authorities are being offered an advance of capital funding from the financial year 2010-11 to 2009-10 to (a) make capital improvements at an earlier date (b) support local jobs. The advances will be repaid in 2010-11 by way of a corresponding reduction in funding, and will not affect total allocations in the spending review period 2008-09 to 2010-11. A tentative estimate of the number of jobs that will be created in 2009-10 is 10,000. There are no estimates on the number of jobs that will go to British workers.
Generally, repairs are of a revenue nature and are financed by revenue funding.
Local authorities are being offered an advance of capital funding from the financial year 2010-11 to 2009-10 to (a) make capital improvements at an earlier date (b) support local jobs. The advances will be repaid in 2010-11 by way of a corresponding reduction in funding, and will not affect total allocations in the spending review period 2008-09 to 2010-11. A tentative estimate of the number of jobs that will be created in 2009-10 is 10,000.
Planned capital allocations during this period amount to some £21.9 billion, and include some of the largest school building programmes ever undertaken.