Maintenance expenditure within London is planned in line with an agreed estate strategy which sets the priorities for maintaining buildings in line with business objectives whilst ensuring a safe and secure working environment. Annual maintenance budgets and programmes of work are agreed in line with this strategy and on the basis of identified business and building risks. Plans and programmes are reviewed quarterly in light of changing requirements and risks, with budgets and programmes amended accordingly. Total maintenance expenditure for 2006-07 (capital and revenue) was £19,145,895. Forecast expenditure (capital and revenue) for the financial year 2007-08 is currently £18,796,250, a reduction in overall expenditure of £349,645 over 2006-07. This reflects planned reductions in both the size of regional estate and efficiency savings achieved as a result.