Capital Strategy for Schools – Condition Led Capital Investment Programme 2024/25
February 8, 2024 Cabinet (Cabinet collective) Key decision Approved View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
... to approve the allocation of schools capital funding, including a Department for Education grant and £4.000m from previous years' funding, to address high-priority building condition repairs in Lancashire's Community, Voluntary Controlled, and Maintained Schools, as detailed in Appendix A, with adjustments to be made based on the final grant amount.
Full council record
Purpose
This report sets out the proposals for the allocation of schools capital funding to address a further phase of high priority building condition repairs on Community, Voluntary Controlled and Maintained Schools in Lancashire.
The condition programme is funded by a grant from the Department for Education. Allocations are usually announced in April, and previous year's allocations indicate that approximately £14.000m should be received in 2024/25. In addition to this grant, there is an unallocated balance of previous year's Condition Led Programme funding, and it is proposed to utilise £4.000m leaving approximately £3.153m in reserve.
The programme, set out at Appendix 'A', has been developed to utilise this grant funding allocation. Once the amount is announced, the programme will be adjusted accordingly.
This is deemed to be a Key Decision and the requirements of Standing Order C19 have been complied with.
Decision
The Cabinet approved the recommendation(s) as set out in the report.
Details
| Outcome | Recommendations Approved |
| Decision date | 8 Feb 2024 |
| Effective from | 14 Feb 2024 |