The Department allocates capital funding to local authorities and schools. It then relies upon them to prioritise expenditure in accordance with local asset management plans. Accordingly, the Government do not carry out a central assessment of the requirement for and cost of school building repairs at local authority level.
Capital allocations to Milton Keynes for the current three year spending review period 2008-09 to 2010-11 amount to £75.7 million. In addition, Basic Need Safety Valve (BNSV) funding was allocated of £28.0 million. This was later reduced to £13.4 million following Milton Keynes’ assessment of the impact of the economic downturn on house building. Resources available for the period after 2010-11 have not yet been decided.