The financial implications
Should Norton School close, Knights Templar school would be responsible for the delivery of the curriculum on the former Norton site. It would receive funding for site related costs and per pupil costs for the relevant students. Fearnhill and The Highfield Schools have also agreed to this. Some specific grants of money to Norton School would be distributed to all three schools on the basis of the number of former Norton pupils they accommodate, or through alternative arrangements agreed between the headteachers and the County Council. The headteachers are committed to working together in this way, as on all other issues.
All three remaining schools would receive the appropriate per pupil funding for the additional pupils on their sites and additional site related funding for their expanded premises.
The cost of the building work required to expand the three schools would be funded through a mixture of capital funding sources. The County Council’s land on the Norton site would have to be sold to contribute towards the costs. This would not provide enough funding and the County Council would make other funds available based on justifiable allocations of existing funding programmes and from additional borrowing approval being sought from the Government and/or programmes funded by the County Council.