The RDAs' investment budgets are their Capital budgets. Changes were made to the RDAs' Capital budgets to take account of the following Government initiatives:
HomeBuy Direct: RDAs' contribution was £25 million (2009-10);
Fiscal Stimulus: RDAs bringing forward £100 million of their regeneration projects from 2010-11 to 2009-10; and
Capital for Enterprise Fund: RDAs' contribution of £10 million in 2009-10.
The following table shows how individual RDA Capital budgets, given to them as indicative allocation following the Comprehensive Spending Review 2007 Settlement, were affected in 2009-10 by the above initiatives. All figures are in £ million.
Indicative Allocation RDA Capital Budgets (£ million) Change (£ million) Advantage West Midlands 136 16 East of England Development Agency 57 4 East Midlands Development Agency 75 1 London Development Agency 186 -6 North West Development Agency 191 14 One North East 124 6 South East England Development Agency 68 4 South West Regional Development Agency 70 7 Yorkshire Forward 148 18