Further to the report on the Capital Programme 2009/13 presented to Cabinet on 9 December 2009 (minute 225 refers), the Director of Finance requested Cabinet to approve a programme of investment, and the related funding, for building maintenance highway maintenance and IT equipment.

Resolved – That,

(1) the capital schemes now identified as revenue schemes be funded from the Treasury Management capital financing budget; and

(2) the additional revenue investment into Cultural Services facilities and for a programme of IT equipment replacement be agreed. Additional costs in excess of resources previously agreed by the Cabinet to be funded from whatever could be made available from the Treasury Management budget for debt rescheduling and the capital financing budget.