Issue - meetings

The Cabinet Member for Economic and Social Development presented a report on the proposed allocation of Community Infrastructure Levy (CIL) funding which the Council received from developers as part of the planning approval process.

The CIL could be allocated across two streams, the main element being Strategic CIL which related to major infrastructure projects within the area that the planning application related to while Neighbourhood CIL could be allocated for any type of infrastructure project in the Borough considered to benefit the local community.  The Cabinet Member explained that areas of significant regeneration activity, such as Thames ward, would benefit disproportionally if all CIL funding was allocated to strategic projects so it was therefore proposed that, after administrative costs, 15% of CIL should be allocated for neighbourhood projects with the remaining 85% for strategic projects. 

The Cabinet Member alluded to the proposed internal arrangements for allocating funding to specific projects and it was also confirmed that CIL charges would be reviewed next year as part of the Local Plan preparations.

The Cabinet resolved to:

(i)  Agree the process for determining Strategic CIL spend as set out in paragraph 2.4 of the report;

(ii)  Agree that the entire Borough be defined as the neighbourhood for the purposes of allocating the Neighbourhood CIL; and

(iii)  Agree the process for determining Neighbourhood CIL spend as set out in paragraph 2.10 of the report.