Decision details
Schools Carbon Reduction Programme - Invest to Save Loan Fund
PDF 34 KBDecision Maker: Cabinet
Decision status: Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
Following energy surveys of all schools, to seek approval for the operation of the Invest to Save Loan fund which will assist schools in undertaking energy efficiency projects identified in the surveys
Decision:
(1) To NOTE the progress made in completing energy surveys of all schools as the latest stage of the Schools Carbon Reduction Programme;
(2) To APPROVE capital allocations of £500,000 for the Invest to Save Loan Fund and £290,000 for the Schools Carbon Reduction Grant for inclusion in the Children’s Service Capital Programme 2013/14 to assist schools in undertaking energy efficiency measures; and
(3) To DELEGATE to the Strategic Director, People and Communities the approval of loan funding following an assessment of the individual business plans submitted by schools.
Reasons for the decision:
The availability of the invest to save loan fund and carbon reduction grant will enable schools to undertake energy efficiency measures reducing energy use and costs but also contributing to the Council’s carbon reduction target.
Alternative options considered:
None
Report author: Chris Kavanagh
Publication date: 05/12/2013
Date of decision: 04/12/2013
Decided at meeting: 04/12/2013 - Cabinet
Effective from: 13/12/2013
Accompanying Documents: