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Education: Finance

Volume 493: debated on Tuesday 2 June 2009

To ask the Secretary of State for Children, Schools and Families what his most recent estimate is of the funds to be allocated by his Department via the devolved formula capital programme in each of the next five years; and if he will make a statement. (276880)

My most recent estimate of the funds to be allocated by the Department via the Devolved Formula Capital Programme direct to schools is £1,372 million in 2009-10 and £591 million in 2010-11. No decision has been taken concerning allocations beyond 2010-11, which is the last year in the current spending review period.

The allocation in 2009-10 includes an advance of 40 per cent. of the indicative funding for 2010-11, with a corresponding reduction in the 2010-11 figure. The advance is part of more than £900 million advanced to local authorities and schools, to stimulate local business and support employment. The 2010-11 allocation will be affected by updated pupil number figures.