§ Mr. HobanTo ask the Secretary of State for Education and Skills what mechanism is in place to have funds returned from beacon schools in the event of their closure. [85558]
§ Mr. Miliband[holding answer 5 December 2002]: In the event of a beacon school closing, the local education authority's Standards Fund allocation is reduced accordingly. Any unspent beacon funds held by the school would be identified alongside other grants still held and returned to the local education authority and then offset against future Standards Fund payments by the Department.