Providing sufficient capital funding to create more school places and to invest in maintaining the school estate is a key part of the Government’s plan to ensure every child has the opportunity of a place in a good school, whatever their background. We have allocated Trafford local authority (LA) over £25 million of capital funding from 2015-16 to 2017-18 (financial years). This figure includes condition allocations to the LA for maintained and voluntary aided schools, basic need funding to the LA for new school places, and Devolved Formula Capital (DFC) allocated directly to maintained and voluntary aided schools. The LA can decide how to invest their own allocations, using their local knowledge of need across their schools.
In addition, academies also receive DFC and larger multi academy trusts will receive their own condition allocations and often allocate funding across constituency and LA boundaries. Smaller or standalone trusts and sixth form colleges also receive DFC and are eligible for funding through the annual Condition Improvement Fund.