Monitoring & Reporting 49: Devolved Formula Capital 2017/18
Posted on 20 April 2017 by Education Finance
Devon has just been informed that the Devolved Formula Capital (DFC) allocations for 2017/18 will not be published until June 2017. As a result we will be unable to provide schools with a figure with which to plan their capital spend. For this we can only apologise.
Please see the response we had back today 20 April 2017.
Dear Mr Hawkins
Thank you for your email about the devolved formula capital (DFC).
You can enter relevant details and obtain an estimate of an allocation in a Ready Reckoner, which can be found on GOV.UK.
The tool includes a drop down menu where users can select their institution type.
Unfortunately, we are unable to give you a list of schools at this time. We expect to publish the final DFC allocations in June 2017, once we have accounted for all academy conversions that have taken place until 31 March 2017.
I hope this is helpful to you.
ESFA Enquiry Service