The Deputy Chief Executive/Director of Finance presented an annual update of the Capital Strategy, which was agreed by the Cabinet on 13 October 2011 (minute 146 refers). The purpose of the Strategy was to enable the Council to work together with partners and stakeholders to prioritise and effectively deliver capital investment that would contribute to the achievement of the Council’s objectives. He commented that the Strategy was key to drawing together the capital requirements emerging from the Investment Strategy and service strategies. Bids for inclusion in the capital programme were prioritised against criteria taking account of the policies identified in the Corporate Plan.

Resolved – That the report be noted.