HC Deb 13 January 2003 vol 397 cc463-4W
Mr. Brady

To ask the Secretary of State for Education and Skills if he will list the academies which

Open academies
£000
Recurrent Capital
Development budget Development expenditure Operational budget 2002–03 Operational expenditure 2002–03 Capital budget Capital expenditure
The Business Academy, Bexley 989 989 4,245 1,794 25,750 14,450
Unity Academy 604 604 4,769 2,307 18,590 0
Greig City Academy 957 957 4,823 2,046 11,000 2,892
Academies in development
£000
Recurrent Development budget Capital Development expenditure Capital budget Capital expenditure
Barnet 900 443 120,300 430
Bradford 250 36 119,500 0
Brent 900 596 121,400 3,836
Bristol 900 250 20.213 390
Ealing 900 257 27,527 418
Hackney 900 118 20,498 961
Hillingdon (i) 900 430 19,000 285
Hillingdon (ii) 250 0 119,500 0
Kent 250 0 119,500 0
Lambeth 900 252 22,281 32
Leeds 250 25 119,500 0
Liverpool (i) 250 90 123,000 0
Liverpool (ii) 250 0 119,500 0
Manchester 900 99 10,620 4
Northampton 250 35 119,500 0
Nottingham 900 212 14,600 57
Sandwell 250 0 119,500 0
South Middlesbrough 900 491 19,200 5,253
Southwark (i) 900 196 127,125 53
Southwark (ii) 900 460 19,970 885
Walsall 900 476 15,500 5,737
1 Estimated figures, subject to change, and will be finalised only when the projects are in a position to sign a funding agreement with the Secretary of State.

(a) have been established and (b) are proposed, giving the public expenditure which has been (i) incurred and (ii) budgeted in relation to start-up of each. [88893]

Mr. Miliband

Three academies have been established so far in Bexley, Haringey and Middlesbrough. A further 21 academies have been proposed and are in various stages of development. The tables show the budgets and expenditure incurred for the current projects across the whole cycle of their development. For the three academies already open, the first table also shows their operating budget and expenditure incurred to date.

Academy projects receive modest funding to develop proposals to a point where the Secretary of State is satisfied that an academy is viable and a formal funding agreement can be signed. From this point, projects receive additional funding to implement their proposals and prepare for the opening of the academy. Once open, academies receive an annual operational budget to cover their day-to-day running costs, which is comparable to similar maintained schools within their local authority. Similarly, the level of capital funding is intended to ensure that academies are built and equipped to a standard comparable with the best in the maintained sector.