Resource Appraisal											
			         								
							Status:	Revised Detailed Project			
								 Appraisal			
Capital Project:			CHERWELL SCHOOL/FRIDESWIDE SCHOOL				Appraisal Ref:		ED519/2		

Price Base:			2002/2003 Outturn								
											
Capital Expenditure and Financing											
											
Cost of Project				2000/01	2001/02	2002/03	2003/04	2004/05	2005/06	Total	
				£000	£000	£000	£000	£000	£000	£000	
	Land & Buildings        }									0	
	Construction                }					1560	1100	40		2700	
	Furniture/Equipment   }									0	
		Fixed 								0	
		Loose								0	
	Other									0	
	Fees					187	132	5		324	
Total Estimated Payments				0	0	1747	1232	45	0	3024	
											
The Construction Cost per square metre is £1067 net.              											
											
Funding of Project				2000/01	2001/02	2002/03	2003/04	2004/05	2005/06	Total	
				£000	£000	£000	£000	£000	£000	£000	
	Credit Approval (Borrowing)     )										
	Capital Receipt(s)                  )					1747	1232	45		3024	
	Contribution From Third Parties)										
	Grant(s)										
	Revenue Contribution(s)										
	Other										
Total Financing				0	0	1747	1232	45	0	3024	
											
Revenue Implications											
Corporate Costs											
Capital Financing (Cost of borrowing)											
											
Service Committee Implications											
				2000/01	2001/02	2002/03	2003/04	2004/05	2005/06	Total	
				£000	£000	£000	£000	£000	£000	£000	
	Employees										
	Running Costs										
	Income										
Net Cost/(Saving) to Service											
Committee											
											
Staffing				2000/01	2001/02	2002/03	2003/04	2005/05	2005/06	Total	
				FTE	FTE	FTE	FTE	FTE	FTE	FTE	
Additions/(Savings) resulting											
from the project