Question
To ask the Secretary of State for Business, Innovation and Skills, how much and what proportion of his Department's (a) expenditure and (b) budget was allocated to the further education sector in each of the past five years; and what estimate he has made of that amount and proportion that will be allocated to that sector in each of the next five years.
The table below details the expenditure and plans allocated to the further education sector since 2010-11.
£000's | 2010-11 | 2011-12 | 2012-13 | 2013-14 | 2014-15 | 2015-16 |
out-turn | out-turn | out-turn | out-turn | plans | plans | |
Resource DEL FE | 4,034,468 | 3,541,073 | 3,495,296 | 3,415,607 | 3,151,647 | 2,833,472 |
Resource Capital FE | 660,551 | 393,400 | 285,876 | 396,832 | 414,857 | 410,000 |
FE Loans | 0 | 0 | 0 | 72,961 | 398,000 | 498,000 |
Total FE | 4,695,019 | 3,934,473 | 3,781,172 | 3,885,400 | 3,964,504 | 3,741,472 |
BIS Resource | 23,374,101 | 21,145,806 | 20,435,856 | 22,987,121 | 20,272,524 | 21,916,932 |
FE % | 20% | 19% | 19% | 17% | 20% | 17% |
Source - BIS Accounts out-turn 2010-11 to 2013-14. Skills Funding statement published February 2014 for 2014-15 plans and Skills Funding Letter published February 2015 for 2015-16 plans
We do not have any budgets beyond 2015-16 as these will be agreed in the next Spending Review.