53 Infrastructure Funding Statement 2024/25
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The Infrastructure Funding Statement sets out infrastructure delivery and contributions collected by TMBC, allocations made within the monitoring period, projects delivered within the relevant period and new agreements entered into with an outline of the contributions agreed over the 2024/25 period.
Additional documents:
Decision:
(Report of Director of Planning, Housing and Environmental Health)
Members reviewed the Infrastructure Funding Statement (IFS) 2024/25 which set out the infrastructure delivery and contributions collected by the Borough Council, allocations made within the monitoring period, projects delivered within the relevant period and new agreements entered into. Contributions agreed over the 2024/25 period were also outlined.
The Borough Council had a statutory requirement under the Community Infrastructure Levey Regulations 2010 (Regulation 121A) to publish an annual IFS by the end of December each year. The purpose of which was to summarise all financial and non-financial developer contributions.
Following consideration by the Housing and Planning Scrutiny Select Committee, the Cabinet Member for Infrastructure and Tonbridge Regeneration
RESOLVED: That
(1) the Infrastructure Funding Statement 2024/25 and associated documents be endorsed; and
(2) the Infrastructure Funding Statement 2024/25 be approved for publication by the end of December 2024.
Minutes:
(Decision Number D230130MEM)
Members reviewed the Infrastructure Funding Statement (IFS) 2024/25 which set out the infrastructure delivery and contributions collected by the Borough Council, allocations made within the monitoring period, projects delivered within the relevant period and new agreements entered into. Contributions agreed over the 2024/25 period were also outlined.
The Borough Council had a statutory requirement under the Community Infrastructure Levey Regulations 2010 (Regulation 121A) to publish an annual IFS by the end of December each year. The purpose of which was to summarise all financial and non-financial developer contributions.
Members discussed the allocation and identification of specific projectsidentified in Annex 1, including open space contributions and recurring requests for quotes for parish/town councils which created an administrative burden. Consideration would be given to reviewing the process to reduce this administrative burden.
Reference was made to Local Government Reorganisation and the position of longstanding s106 funds in the event of a move to a unitary authority. It was clarified that such contributions remained attached to the original permissions and land, which ensured their continued availability for the designated purposes.
Finally, it was suggested that the established s106 Monitoring Group be used to enable Members to ask questions in advance and outside of formal meetings. Consideration would be given to the process for feedback and resolution via this Group.
*RECOMMENDED: That
(1) the Infrastructure Funding Statement 2024/25 and associated documents be endorsed; and
(2) the Infrastructure Funding Statement 2024/25 be approved for publication by the end of December 2024.
*Recommended to Cabinet - Decision taken by Cabinet Member