Issue - meetings

Report of the Cabinet Member for Customer and Regulatory Services

RESOLVED THAT:

1.    The publication of the Infrastructure Funding Statement (IFS) relating to the financial year ending 31st March 2022 by 31st December 2022 be approved;

2.    It be noted that the Annual CIL Rate Summary Statement will be published alongside it by 31st December 2022;

3.    It be noted that the Cheltenham Neighbourhood Panel for the allocation of the unparished borough neighbourhood element of CIL will be in place by the end of this financial year;

4.    It be noted that a further report will be presented by spring 2023 to include the Memorandum of Understanding for the allocation of the CIL Strategic ‘Infrastructure Fund’.

The Cabinet Member Customer and Regulatory Services presented the report, noting that there was a significant volume of paperwork attached to it. The council was obligated to report on how it raised, allocate and spent its Community Infrastructure Levy (CIL) funding within the borough. This had been in place for a couple of years now, and this was the second IFS he had presented.

He clarified a number of the documents that had been circulated. The IFS itself set out funds raised and allocated, in a thorough but not very user-friendly format decided by parliament. The Infrastructure List was also attached, setting out a list of projects on which the money could be spent, though it was not set in stone. The next part was the CIL Rate Summary, which was agreed alongside Gloucester and Tewkesbury district councils as part of the Joint Core Strategy, and could not be tweaked very easily. As ever, they needed to be transparent about what they were charging for different kinds of development.

He highlighted page 43 of the main pack, which contained a summary by officers of exactly what was coming in and where it was going. If possible, this would be made into an infographic for the website, giving a much more user-friendly look at the flow of funding. He thanked Tracey Birkinshaw, Liam Jones, Paul Hardiman and the rest of the officer team for the enormous amount of work it had taken to pull all this together.

In terms of the broad financial headlines, the total receipts between April 2021 and March 2022 were £980k. CIL expenditure by the borough council was £9,958, which represented roughly 5% of receipts to that point, as was allowed by statute. Just over £11k had been passed to parish councils, which was an automatic requirement, but they had retained just over £1.2m in total, made up of the leftover receipts plus money carried forward from the previous year. Of that £1.2m, roughly £49k was allocated to administration going forward, while £86k in Neighbourhood Funding collected by the council would go to parish councils on the 28^th April.

He further highlighted the £77k in Neighbourhood Funding collected for unparished areas, made up of around £49k receipts from this reporting year and £28k from the previous year. He noted that roughly half of Cheltenham was unparished, and that this was relevant to the next agenda item as it would be prioritised for spending under the Neighbourhood Panel.

This left just over £1m in strategic infrastructure spending, or roughly 80% of total CIL receipts. This would be used for major infrastructure projects to offset and mitigate the impact of development and support their strategic objectives. It was not a vast pot of money for infrastructure projects, and they were in consultation with the JCS partner authorities and the county council.

He added that there had been some discussion on how this impacted on the previous system of S106 agreements, and he reassured colleagues that the county council  ...  view the full minutes text for item 7