A report of the Director of Finance included the annual update of the Capital Strategy which had last been agreed by the Cabinet on 4 November 2010 (Minute No. 200 refers). There were only minor revisions to the Strategy which aimed to provide a framework with which to support planning considerations for the medium term. The Cabinet was asked to review the criteria used for prioritising the Capital Programme.

RESOLVED:  That

(1)  the Capital Strategy be approved; and

(2)  the criteria for prioritising the Capital Programme be agreed.