The Learning and Skills Council held discussions with a large number of colleges early this year in establishing the position and Sir Andrew has provided a comprehensive assessment in his final report. This work has allowed us to establish the extent of demand against the available budget and the reasons this position arose. We recognise that there is more to be done to understand that individual position of colleges and the difficulties they face. This is why the acting Chief Executive of the LSC has appointed an external team of property specialists to ensure that we have the most accurate and up to date information, including on the expenditure made to date, on which to make future decisions.
Capital funding for Further Education colleges is administered by the Learning and Skills Council (LSC). As the information requested is with regard to an operational matter for the Council, Geoffrey Russell, the acting LSC chief executive will write to the hon. Member with the further information requested. A copy of his letter will be placed in the Libraries.
The Grant Letter to the Learning and Skills Council (LSC) (November, 2008) set out planned investment in adult further education (FE) and skills for 2008-09 and 2009-10. Total participation funding is planned to increase from £3.2 billion in 2008-09 to over £3.3 billion in 2009-10.
LSC funding allocations for 2008/09 academic year for each provider including FE colleges is published on the LSC website (www.lsc.gov.uk). These represent the funding allocated to the provider at the beginning of the year and may be subject to change in line with demand. Information on the 2009/10 funding allocations will be published following the start of the 2009/10 academic year.
Budget 2009 announced additional capital funding of £300 million for this spending review period (2009-10 and 2010-11), which will allow the Learning and Skills Council to give approval to a limited number of projects starting in 2009-10.
Recognising the long-term nature of capital projects, the Government are planning a continuing FE capital investment programme in future years, with a planning assumption of £300 million a year from 2011-12 to 2013-14 to be confirmed at the next Spending Review.
This provides a provisional £1.2 billion in total to 2013-14 which should allow us to develop around £750 million of new schemes.