Decision details

RES 5239 - School Loans Scheme (Table 7, Paragraph 25) (Part A)

Service: Resources

Ref no.: RES 5239

Decision Maker: Corporate Director of Resources

Decision status: Recommendations Approved

Decision:

Silver Tree Primary School has applied for a loan of £16,179, repayable over 5 years. Annual repayments of the loan would be £3,809.54, which would be funded from savings on energy costs arising from replacement of the existing lighting with LED lighting.

 

The loan application complies with the school loan scheme approved by Cabinet on 19 January 2022, includes support from Education, the Low Carbon Team. The loan can be accommodated in terms of the financial position of the school.

Publication date: 11/07/2024

Date of decision: 09/07/2024

Accompanying Documents: