Issue - meetings

Infrastructure Funding Statement

Purpose

To notify Cabinet of the Infrastructure Funding which provides an overview of all Community Infrastructure Levy (CIL) and Section106 monies collected, held and spent. As well as setting out the Council’s recovery policy in regards to unpaid CIL debts.

Recommendations

That Cabinet resolves to:

1. Note publication of the Infrastructure Funding Statement

2. Agree to the CIL Recovery Policy.

Additional documents:

Decision:

The purpose of the report was to notify Cabinet of the Infrastructure Funding which provides an overview of all Community Infrastructure Levy (CIL) and Section106 monies collected, held and spent. As well as setting out the Council’s recovery policy in regards to unpaid CIL debts.

The Cabinet Member for Planning and Regulatory Services introduced the report and outlined the reports contents.

The Infrastructure Delivery Lead answered questions from Cabinet Members.

The recommendations were proposed by Councillor Juliet Layton and seconded by Councillor Mike Evemy.

RESOLVED: That Cabinet

1. NOTED publication of the Infrastructure Funding Statement.

2. AGREED to the CIL Recovery Policy.

Voting Record

5 For, 0 Against, 0 Abstention, 3 Absent/Did not vote

Minutes:

The purpose of the report was to notify Cabinet of the Infrastructure Funding which provides an overview of all Community Infrastructure Levy (CIL) and Section 106 monies collected, held and spent. As well as setting out the Council’s recovery policy in regards to unpaid CIL debts.

The Cabinet Member for Planning and Regulatory Services introduced the report and outlined the reports contents:

· The funding statement at Annex A was an annual report, which showed a collection of £1.7 million, £3.4 million worth in demand notices, £280,000 collected for Town and Parish Councils, and £2.3 million in CIL relief granted.

· The Council’s CIL Strategic Fund held £3.3 million as of 31 March 2024.

· The Council secured £144,000 and 52 affordable housing units in Section 106 agreements signed in 2023/24.

· In 2023/24, the Council collected a total of £861,000 and spent £998,000 of the Section 106 funds it held.

· CIL was collected at £95.88 for residential development and £71.89 for retail development per square metre.

· A new Infrastructure delivery plan was expected to be formulated by Spring 2025 which would be much more environmentally friendly.

The Chair seconded the proposals and noted the CIL Recovery Policy which was needed in order to enforce against those not paying the required amounts. It was also noted that the report set out in broad detail the money being allocated from the Council’s CIL and S 106 reserves.

Cabinet noted the infrastructure improvements particularly for key road networks which were much needed.

The recommendations were proposed by Councillor Juliet Layton and seconded by Councillor Mike Evemy.

Issue - meetings

Infrastructure Funding Statement

Meeting: 05/09/2024 - Cabinet (Item 31)

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