Capital Strategy

The Capital Strategy is Tamworth Borough Council’s framework for the allocation and management of capital resources within the Authority, and the values are applied to the strategic direction of the Authority’s capital investment. The aim is to provide real benefit to the citizens of Tamworth and through capital investment to attain our vision.

The Capital Strategy identifies how the investment of capital resources contributes to the achievement of the Authority’s key objectives and priorities that are detailed in Service / Business Performance Plans. The various strategic plans have been drawn up and include input from the Local Strategic Partnership comprising representatives from the Authority and other public bodies, local business and community and voluntary groups. In this way the Authority’s overall strategy will reflect the visions and aspirations of local people for service delivery and recognises the potential for others to contribute ideas and resources.

The Capital Strategy is one of the key, overarching strategies including the Asset Management Plan that supports service plans.

The Capital Strategy also determines the priorities between the various services and looks for opportunities for cross-cutting and joined –up investment. The Capital Strategy also includes the involvement and where appropriate and contribution to neighbourhood renewal and tackling deprivation.