Cabinet was provided with a draft Capital Programme for 2009/12 for consideration and referral to Council for approval. The report also included the related capital financing requirements based upon the prudential indicators that inform the Treasury Management Strategy.

Resolved - That

(1)  views on the capital programme 2009/12, including the new submissions as detailed in section 7.2.1, be requested;

(2)  if approved, the capital financing requirements be reflected in the Projected Budget and referred to the Council;

(3)  the Prudential Indicators be noted and reported as part of the Treasury Management Strategy in March 2009; and

(4)  update reports on the progress of the programme be presented in accordance with the Financial and Performance Monitoring reporting cycle.