A former library, town hall, offices, vacant sites and a number of commercial premises are currently being marketed for sale or lease by a council.
School staff held children inside at breaktime after a man with a “sword” was spotted nearby, but police found it was a “small plastic sword”.
A total of 21 schools were ranked from the Moray area.
The budget set by Moray Council for the next financial year is one of missed opportunities, local councillors have said.
A “threat to safety” at Moray schools has been “swiftly resolved”, according to the council.
Police have arrested a man after malicious emails - understood to be a firearms threat - were sent to multiple Moray schools.
A large police presence is responding to a reported firearms threat to three Moray schools.
Aberdeenshire Council has set its budget for the coming year - which includes a 10 per cent increase to council tax.
Local authorities such as Moray Council are being called upon to review ASL provision processes.
Plans to shelve vital refurbishment work on a crumbling Moray school have been blasted.