107 Annual Infrastructure Funding Statement 2023 - 2024
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To consider the report of the Strategic Director for Place.
Additional documents:
Decision:
Agreed:
RESOLVED that the content of the Annual Infrastructure Statement for 2023 – 2024 was noted by the Executive prior to its publication.
Reason for Decision: As set out in the report.
Minutes:
The Executive received the report on the Annual Infrastructure Funding Statement for 2023 - 2024 which provided retrospective information relating to funding secured, received, committed, and spent from the Community Infrastructure Levy (CIL) and Section 106 monies in that year. The report also provided an Infrastructure List which identified a number of projects which could benefit from Community Infrastructure Funding and did not provide any financial commitments to projects set out in the Statement.
Particular reference was made to:-
· the Council had a responsibility to publish its infrastructure statements annually; and
· both CIL and the Section 106 were delivered through the planning process and funding from these sources was linked to new housing developments and was a major contributor to the medium-term financial plan;
Cllrs Mitchell and Moore as opposition group leaders spoke on the item and raised points and questions, which were responded to by a Senior Officer, as detailed further in this minute.
In response to questions raised, the Strategic Director for Place advised that:-
· The report provided high level details and it was not necessary to set out detailed levels for different wards for the neighbourhood portion of CIL.
· There was a lot of information sitting under the reported headline figures, which was collated by officers and used on a regular basis.
· Many of the reported projects were city-wide projects, rather than broken down by individual wards. The Council was only required to produce a high-level statement and information accordingly.
The Leader moved the recommendations, which was seconded by Councillor Wright, voted upon, and CARRIED unanimously.
RESOLVED that the content of the Annual Infrastructure Statement for 2023 – 2024 was noted by the Executive prior to its publication.