Owning the land and buildings
Facts:
- Foundation schools have more control over the use of school
buildings, lettings and particularly the use of redundant
buildings
- There are greater opportunities to explore initiatives such as
extended schools and for the governing body and the school to take
much more of a lead in developing this
LA / foundation schools need to know that:
- There is no change in the way in which a school receives
capital funding. Schools still receive the formula capital amount
depending on the size and type of school and retain access to funds
for health and safety related work through the LA
- If the governors decide to become a trust school, either by
setting up your own trust or by joining an existing trust, the land
and buildings transfer to the trust. Each individual school has the
day to day management and financial responsibilities for it
© Foundation & Aided Schools National Association