Issue - meetings

Report of the Cabinet Member Economy and Development

RESOLVED THAT:

1.    The publication of the Infrastructure Funding Statement (IFS) for 2020 be approved;

2.    It be noted that the Annual Community Infrastructure Levy (CIL) Rates Summary Statement will be published alongside the IFS.

The Cabinet Member Economy and Development presented the report, thanking officers for their help in putting it together. She noted that the 2020 Infrastructure Funding Statement (IFS) required the publication of a list of all types of infrastructure projects which the authority intended to fund either partly or wholly through the Community Infrastructure Levy (CIL). The list did not dictate how funds must be spent, but rather set out the council’s intentions and provided clarity and transparency for communities and developers.

She reported that both CBC and its partners in the Joint Core Strategy began charging CIL on planning permissions granted from 1^st January 2019, with the first payments made on 28^th June 2019. CIL receipts for the reporting year were £73,982, from which £3,699 was deducted for administrative expenses, £3,283 was distributed to parish councils and £7,814 to the neighbourhood fund, leaving a balance of £59,186 in infrastructure fund to deliver planned development held by the council. The CIL report also provided details on the £329k demand notices issued during the year, which would be received over the next two years. She stressed the importance of prioritising infrastructure projects, and targeting CIL receipts towards those which needed it most.

The Leader moved to a vote, where it was unanimously:

RESOLVED THAT:

1. The publication of the Infrastructure Funding Statement (IFS) for 2020 be approved;
2. It be noted that the Annual Community Infrastructure Levy (CIL) Rates Summary Statement will be published alongside the IFS.