Chi Onwurah – 2015 Parliamentary Question to the Department for Communities and Local Government

The below Parliamentary question was asked by Chi Onwurah on 2015-12-14.

To ask the Secretary of State for Communities and Local Government, for what reasons school reserves are included in local authority balance sheet reserves.

Mr Marcus Jones

The reserves of local authority maintained schools are included in local authority balance sheet reserves. This is because those schools are subject to a level of local authority control. However the reserves of local authority maintained schools are ringfenced, which means that they cannot be diverted for non-schools purposes. The reserves of academies and free schools are not included in local authority balance sheet reserves.