Issue - meetings

The Committee heard from the Head of Policy and Strategy regarding the Council’s Annual Infrastructure Funding Statement (IFS). It was explained that the Council was required to produce and publish an IFS annually, detailing financial activity in relation to developer contributions. The statement used information presented previously in financial papers, however the purpose of the IFS was to provide greater transparency and accessibility in relation to activity around developer contributions.  As such, the IFS and associated report was brought to the Committee to draw it to Members’ attention, specifically in the context of previous reports relating to s106 spend being presented to the Committee in recent months. It was also noted that it was intended for future statements to be shared with Members through the Members’ Newsletter.

The Chairman thanked the Head of Policy and Strategy and re-iterated that the report would not ordinarily be presented to the Committee as it was a predominantly information only report. Members enquired as to the allocation of monies based on town or parish boundaries as well as the percentage of monies received distributed out of the District Council. It was confirmed that CIL monies were paid to the Town or Parish Council where the development was taking place. With regard to CIL versus S106 monies, it was explained that S106 arrangements were required to meet three tests and were used for very specific schemes. CIL arrangements provided greater flexibility.

Having been moved, seconded and taken to the vote, it was unanimously

            RESOLVED that

a)    the content of the Infrastructure Funding Statement, for publication by 31 December 2021, be approved; and

b)    future versions of the Infrastructure Funding Statement, for information only, be received through the Members Newsletter.