General 115: Devolved Formula Capital (DFC) – Update
Posted on 13 July 2018 by Education Finance
The Education & Skills Funding Agency (ESFA) the 2018/19 allocations have now been released and are available on the gov.uk Website.
The specific document you want is “School condition allocation: updated for 2018 to 2019”. This will open up a spreadsheet and to look up your allocation go to the tab called “2a_LA_&_VA_-_DFC_School_Level” then search for your school.
I will not be producing the usual capital opening statement as we are now in month 4 so balances would not be accurate, I will however be sending periodic e-mails to remind schools to spend funds which appear dormant.
I apologise for the very late notification of the allocation this year and I have requested that the ESFA do all they can to release the figures sooner to aid schools in their budget preparation, however this is outside of my control.
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