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
- It is possible to sell surplus land subject to the Secretary of State’s approval and cooperation of LA (foundation schools must adhere to published procedures on this matter)
- The school pays 20% of rates which may mean a slight addition to individual school budget depending on the LA funding formula. A requirement to submit accounts of private funds to the Charity Commission is the subject of recent legislation. There is a recognition by the Charities Commission that this should not be an additional reporting burden for schools. FASNA is involved in the current implementation discussions and will seek to ensure that there is no additional burden on schools
- It may be possible for Foundation schools to have a greater influence in any PFI contracts being negotiated with the LA as part of the Building Schools for the Future programme