Budget 2009 announced an additional £300 million of capital investment in further education as part of a fiscal stimulus package which has enabled a number of projects to be funded this year. Following an open and transparent prioritisation exercise the Learning and Skills Council announced on 26 June 2009 that 13 projects had been successful. All of these projects have now received final approval and are underway. For those colleges that have not been selected to proceed this round, the next steps have already started with the LSC undertaking a process to determine how future funds will be allocated to achieve the best value for money while keeping bureaucracy to a minimum. The size and scope of the programme will depend on the outcome of the next spending review.