The current forecasts of capital investment in schools in England, the North East, and Teesside local authorities, in 2009-10 and 2010-11 are set out in the table. These figures will be subject to change, depending on the progress of individual projects. They also take account of the recent fiscal stimulus initiative, which allowed authorities and schools to draw forward allocations from 2010-11 into 2009-10. Details of investment at constituency level are not held centrally. Allocations for 2011-12, and beyond, will be subject to the outcome of the next spending review.
£ million 2009-10 2010-11 England 7,000 7,000 Of which: North East 400 306 Of which: Darlington 17 11 Hartlepool 10 39 Middlesbrough 54 53 Redcar and Cleveland 13 8 Stockton on Tees 14 13
The figures above exclude the private finance initiative. At the national level, £1.32 billion of PFI credits are available for allocation in each year as part of the Building Schools for the Future programme. For North East local authorities with BSF projects, PFI credits totalling £278 million have been agreed. In addition, of the local authorities listed above, Redcar and Cleveland is likely to have a PFI element as part of its BSF project but this is still under discussion.