Concerns have been raised that the Government is neglecting the existing
school estate, using money on the free schools programme instead of improving or maintaining existing buildings.
«It started as a small component of the capital budget but in the end we were spending more on it than on the maintenance and improvement of the entire
school estate.»
The # 2.4 billion allocated today is part of more than # 24 billion the government has committed to investing in
the school estate between 2015 to 2021.
School leaders take the safety of buildings very seriously, and we need the government to provide the right support and investment
the school estate so desperately needs.»
The funding also comprises # 1.4 billion of funding allocations for schools, local authorities and academy trusts to invest in improving the condition of
the school estate.
«Following many years of under ‑ investment in Scotland's
school estate, we have seen a substantial and successful programme of school building and refurbishment in recent years.»
Laws said that this was the biggest public effort to improve
the schools estate in decades, and that the initiative was on track to meet its goal of improving 261 school buildings in very poor condition by the end of 2017.
This is a drop in the ocean compared to the # 6.7 billion the National Audit Office estimate is required to bring
the School estate up to an acceptable standard.
The school estate is always in a state of flux.
Following the pilot these local authorities committed to rolling the service across
their school estates, with the potential to save over # 20 million and 130,000 tonnes of carbon.
European funding The European Investment Bank (EIB), the lending institution of the European Union owned by its Member States, is supporting England's plans to improve
its school estate by giving long - term loans to schools whose buildings are in a bad state.
Develop Asset Management Plans The EFA, the local councils and large academies should work together to determine long - term investment needs (say over 25 years) for
the schools estate and develop whole - life - value optimised five - year asset management plans at an individual school, council and national - levels.
Sir Amyas Morse, head of the National Audit Office, said: «The Department has responded positively to start to meet the challenges it faces in relation to the quality and capacity of
the school estate.
The education sector could learn from other sectors to help address the challenges of managing
the schools estate in the wake of funding cuts.
And, LED retrofit technologies can minimise work on
school estates, and hike up other gains on the ledger too.
What should the government do to improve
its school estate?
Develop Codes of Practice for Asset Management The EFA should commission the development and publication of Codes of Practice for Maintenance and Asset Management to provide authoritative and consistent guidance for all those responsible for
the schools estate.
Investment is required in the longer term where it may be more expensive to achieve the quality initially, however over the years
the school estate will be more robust and sustainable, with lower running costs.
Concerns Head teachers are concerned at the poor state of
the schools estate as a result of years of under - investment in the maintenance and refurbishment of school buildings and infrastructure assets.
Property Data and Information Availability of quality and reliable asset data and information about the national
schools estate is vital for effective policy development, planning and decision - making.
Chancellor Hammond announced yesterday, 8 March, that a further # 216 million will be invested into improving the condition of
the school estate.
Nevertheless, by carrying out this preventative work as soon as the bulk of the leaves have fallen, another potential slip hazard on
the school estate is removed.
Even though school spending has been protected over the course of this parliament,
the school estate challenge remains huge and will continue to grow.
Taken together, these issues demonstrate how important it is that we continue to make best use of the entire range of the existing
school estate, including historic school buildings.
When it comes to
the school estate, our interest lies in helping our colleagues in local authorities to ensure that historic school buildings continue in educational use wherever possible through the careful management of change and updating of facilities.
We are in the middle of implementing office 365 across
the school estate and the teachers are enthusiastic regarding the utilization of applications like OneNote directly from the panel.
The benefits of an up to date and functional
school estate are now well understood — both in terms of student attainment and staff motivation.
It is also estimated that the cost of dealing with such defects will double between now and 2021, even with current levels of funding because many buildings are near the end of their useful lives with most of
the school estate being over 40 years old.
«Scotland has one of the world's most progressive carbon agendas,» says Larann Foss, education officer,
Schools Estate and ICT, Dumfries and Galloway Council.
An alternative viewpoint to yours is to say that rather than wasting money by giving it to the same people who've presided over the decline of
the school estate it would be better spent by trying something else.
School leaders take the safety of buildings very seriously, and we need the Government to provide the right support and investment
the school estate so desperately needs.»
«Nearly 600,000 additional pupil places were created between May 2010 and May 2015, and the government is now pushing ahead with the creation of a further 600,000 new school places as part of its wider # 23bn investment in
the school estate up to 2021.»
Much of
the school estate is more than 40 years old with 60 % built before 1976 and the cost of repairs is expected to rise, with common defects including electrics and external walls.
The finance regulations for school funding make no mention of loans to schools, only prudential borrowing by the LA to modernise
the school estate.
Whitehall should also continue to improve its understanding of the condition of
the school estate and consider how it can get «more value» out of the next property data survey while working more closely with local authorities to understand and meet need in local areas, the report said.
Capital spending on schools reached # 4.5 billion in 2015 - 16, but the NAO says the forecast deterioration in the condition of
the school estate is a «significant risk to long - term value for money», and has questioned the government's approach to school places planning.
From old -
school estates to vintage inns, old - world charm is alive and well at these historic hotspots.
From old -
school estates to vintage inns, old - world charm is alive and well at these celebrated getaways that have withstood the test of time.
Not exact matches
In the case of real
estate, it's a matter of turning a blind eye to staggering losses, says Patrick Chovanec, a professor at Tsinghua University's
School of Economics and Management in Beijing.
When I finished graduate
school, I moved to California's Orange County to launch a new office for my family's commercial real -
estate business.
«The property is in a sought - after location close to the proposed Baldivis town centre, a primary
school, and other land
estates, and is situated 1.7 kilometres from the Mundijong Road - Kwinana Freeway access.
She co-founded and is the chair of the African American Student Union at Harvard University's Graduate
School of Design, an organization that supports African - Americans working in architecture, real
estate and urban planning.
«There's something very uncomfortable about distorting the decision to tax the house you live in versus the one you don't,» Todd Sinai, a professor at the University of Pennsylvania's Wharton
School of Business's real -
estate department, told Business Insider.
After
school, I got into commercial real
estate.
The
school would be shut down after five years and, earlier this year, a $ 25 million settlement was finalized with former students who filed a lawsuit against Trump's real
estate academy for predatory practices.
The
school's alumni magazine touted him as «the best known brand name in real
estate.»
«It's still an old
school industry,» Appear Here's chief marketing officer, Elizabeth Layne, told CNBC about much of the retail real
estate sector today.
There were so many times I considered going into real
estate or law
school, or having a fallback plan, even today.
Maclean's business editor Jason Kirby will moderate a live chat with our own Canadian Business Western bureau chief Michael McCullough; MoneySense senior editor Romana King, who specializes in personal finance and real
estate; Stephen Gordon, an economics professor at Laval University; and Canadian Business columnist Mike Moffatt, an economics professor at the Ivey Business
School.
According to some of Canada's top luxury real
estate agents, the wealthy are looking for value in their new home — properties that are in good locations, in close proximity to work and local
schools.