The Director of Finance submitted a report which informed Cabinet of the capital out-turn for 2008/09 and the resources used to fund the programme. Under Part IV of the Local Government and Housing Act 1989, the Authority was required to make a number of formal Determinations in respect of its capital expenditure and financing and the Director’s report included those for the 2008/09 financial year.

Resolved –

(1)  That the actions regarding the progress in delivering the programme and the slippage from 2008/09 to 2009/10 be agreed.

(2)  That the capital out-turn and financing for 2008/09 be agreed.

(3)  That the formal Capital Determinations be agreed.