Building Schools for the Future Programme

Derek Wyatt
To ask the Secretary of State for Children, Schools and Families what the accounting arrangements are for the Building Schools for the Future budgets allocated to local authorities.

Jim Knight
Building Schools for the Future (BSF) is funded through a combination of capital grant, the private finance initiative, and also in the case of wave 1 to 3 projects, supported borrowing allocations. Allocations are currently made by my Department on the advice of Partnerships for Schools, our delivery agent for the BSF programme. All allocations are made to the lead local authority for each project, who are signatories to the contracts for the BSF projects, and who have responsibility for ensuring the funds are properly invested. All schools capital allocations made through capital grant and supported borrowing are included in the Department’s accounts.