§ Mr. AllenTo ask the Secretary of State for Education and Skills if she will list the initial capital costs of(a) Emmanuel City Technology College in Gateshead, (b)each approved city technology college and (c) each 363W approved city academy, together with the proportion of (i) capital costs and (ii) running costs met in each case by the sponsors of those colleges and academies; and if she will list the continuing financial obligations in each case. [62839]
§ Mr. MilibandIn answer to my hon. Friend's question, the following two tables show the initial capital costs of each city technology college (.CTC), including Emmanuel, and each approved academy. As far as academies are concerned, five have signed funding agreements with the Secretary of State. These projects are still at a very early stage and their final capital costs will not be known until much further into their construction stages.
Year-on-year running costs for CTCs and academies are met by the Department. As charitable companies, CTCs and academies are also free to generate additional income through charitable donations or any trading arms to supplement departmental funding. For CTCs, the first table gives the total amount of sponsorship, including any initial costs, provided to each college up until February 2002, as reported to my Department. Similar information will be collected on academies once they begin to operate. There are no continuing financial obligations on CTC or academy sponsors beyond the initial contribution to capital costs. However, CTCS are required to meet at least 20 per cent. of the costs of any capital project funded by the Department.
CTC initial capital costs £000 College DfES Sponsors Total ADT 9,056 2,264 11,320 Bacons1 13,665 1,800 15,465 Britschool 8,000 2,332 10,332 Brooke Weston 8,152 2,038 10,190 Dixons 7,331 2,074 9,405 Djanogly 8,196 1,749 9,945 Emmanuel 6,887 1,722 8,609
Agreed academies capital budgets £ Academy DfES contribution Sponsor contribution
Total cash limit Bexley Business Academy, Bexley 25,750,000 2,410,000 28,160,000 Capital City Academy, Brent 21,404,000 2,000,000 23,404,000 Greig City Academy, Haringey 11,000,000 2,000,000 13,000,000 South Middlesbrough City Academy, Middlesbrough 19,171,360 2,000,000 21,171,360 Walsall City Academy, Walsall 14,560,000 2,500,000 17,060,000