2025 - 2026 Financial Year
Devolved formula capital (DFC) is direct funding for individual institutions to maintain their buildings and fund other small-scale capital projects. It is allocated to maintained nursery, primary and secondary schools, special schools, pupil referral units, academies and free schools, non-maintained special schools, general hospital schools, and sixth form colleges. It is also allocated to those specialist post-16 institutions that have eligible state-funded pupils.
Local authorities (LAs) receive the DFC payments for their maintained schools and the LAs are required to pass on these allocations to the schools. Academy trusts, VA bodies, and other institutions receive their DFC from the DfE. Local authorities may receive a DFC payment for maintained schools that have recently converted to academies; they are required to pass this on to schools in the usual way, regardless of conversion status.
Devolved Formula Capital Allocations (XLSX, 77.6 KB)
Overview of capital funding
