Capital funding for multi-academy trusts (MATs)
Information for multi-academy trusts (MATs) that receive a capital funding allocation.
Multi-academy trusts (MATs) with at least 5 academies and more than 3,000 pupils will receive a capital funding allocation to deploy strategically across their estate to address their priority maintenance and expansion needs. You can read more information here about capital maintenance funding for MATs.
MAT capital funding allocations 2015 to 2018
School capital funding allocations: 2015 to 2018 were announced on 9 February 2015 including details of school condition allocations for MATs, devolved formula capital (DFC) allocations for schools and academies, and an explanatory note on the funding methodology. EFA has also sent to MATs a copy of their condition dashboard that explains how the data collected by the property data survey programme (PDSP) has informed these allocations.
Allocations for MATs will be confirmed in May 2015 to take into account any academies that have moved between trusts. Payments will be made in 9 instalments from May 2015.
Use of funding
EFA provides funding to keep school buildings in good condition so pupils can learn in a safe and effective environment. As the body responsible for your schools’ sites, trusts will also need to:
- carry out your duties under the Health and Safety at Work Act 1974 and comply with all relevant building regulations. This includes management of asbestos where relevant. You can read guidance about asbestos management in schools
- understand in detail the data relating to the current condition of your estate and develop a long-term asset management strategy
- maintain the estate for the long-term by renewing and modernising key building elements through preventative works and replacement when they are beyond economic repair
At the end of the 2015 to 2016 financial year, EFA will ask trusts to provide information about how they have used their funding for that year and what projects they have funded in their schools.
The information will be simple, high-level and easily accessible to schools and the wider public. You can download a draft school condition allocations template that shows the information we intend to collect.
Salix type loans
MATs receiving a condition funding allocation cannot make separate applications for energy and heating projects funded through Salix. This is because allocations are drawn from the same funding source used to support Salix loans. A MAT receiving an allocation and a loan would be double funded.
Given the importance of achieving energy savings, MATs may consider using their flexibility to transfer funding from their allocation across the estate to support energy saving projects in their individual academies.
MATs can return any savings achieved through capital projects (for example through energy efficiency projects) by transferring revenue funding over and above any funds retained for shared services. This could be a way of building up a sinking fund to assist investment across the estate over a longer period of time. Alternatively, MATs may choose to allow their academies to keep any savings for re-investment within the academy.
In most cases condition work and maintenance issues in a PFI academy should be covered by the contract with the PFI provider. For expansion projects at these academies, MATs will need to negotiate with the PFI provider about their plans, to determine the willingness of the provider to take on the project, or their willingness for a third party coming on site to complete the works for an additional stand alone block or similar. The trust will need to consider the costs of any proposed development in light of the negotiations with the PFI provider and assure themselves that it represents good value for money.
MAT Capital Funding Network
The MAT Capital Funding Network was set up in 2013 by trusts receiving a capital funding allocation from EFA. The MAT Capital Funding Network website includes a discussion forum and resources such as capital plans and strategies. More than 30 MATs have registered as members of the Network.
The network is led, managed and administered by MATs themselves, not by EFA. Its remit is “To provide members with opportunities to explore how to develop effective, efficient and economically sustainable systems that maintain and develop building estates that enhance teaching and learning.” This objective is delivered through regular meetings, MAT-to-MAT support, and sharing information and expertise.
At present membership is restricted to those MATs receiving a capital funding allocation from EFA. Other MATs expecting to expand in the next 12 months will be able to access the network in due course.
Queries about MAT capital funding should be forwarded to:
Contact form https://form.education...
For schools, local authorities, other education institutions and providers, accountants, auditors and other professional advisers with queries for the Education Funding Agency
We are not able to provide individual named contacts for trusts receiving formulaic capital allocations.
Published: 9 January 2015
Updated: 11 February 2015
- Updated with links to 2015 to 2018 capital funding allocations and to the MAT Capital Funding Network.
- First published.