Issue - meetings
Brent Infrastructure Funding Statement 2021-22
Meeting: 12/12/2022 - Cabinet (Item 12)
12 Brent Infrastructure Funding Statement 2021-22 PDF 232 KB
This report sets out the Council’s third Infrastructure Funding Statement (IFS), which has been prepared in line with the CIL Regulations (amended 2019).
Additional documents:
- 12a. Appendix 1 - Brent Infrastructure Funding Statement 2021-22, item 12 PDF 3 MB
- Webcast for Brent Infrastructure Funding Statement 2021-22
Decision:
Cabinet RESOLVED:
(1) To note the content of the report and Appendix 1 “Brent Infrastructure Funding Statement 2021/22”.
(2) To approve the 2021/22 Brent Infrastructure Funding Statement for publication online.
Minutes:
Councillor Tatler (Cabinet Member for Regeneration & Planning) introduced the report, which detailed the Council’s third Infrastructure Funding Statement (IFS) prepared in accordance with the requirements within the Community Infrastructure Levy (CIL) (Amendment) Regulations 2019.
In considering the report, Cabinet noted the outline provided relating to the purpose of CIL as a funding mechanism to assist in the delivery of infrastructure to support development of an area and annual requirement within the IFS to detail how Brent’s CIL funding had been spent in line with the regulations. In addition, the IFS was designed to set out, where possible, future spending priorities on infrastructure in line with Local Plan, Borough Plan, Capital Pipeline, Long Term Transport Strategy and Infrastructure Delivery Plan.
Whilst recognising the impact of the current financial and economic climate on the programme of development across the borough, members noted the continued strong performance of the Council in terms of the collection of CIL receipts, as detailed within section 3 of the report. Whilst thanking officers for their efforts in relation to performance on the collection of CIL receipts during such a challenging period, members also recognised the impact which the current financial and economic conditions may have on the generation of CIL receipts over future years.
In noting the wide ranging and diverse nature of infrastructure projects being supported through the CIL process, Members were also keen to commend performance in relation to the use, allocation and impact of community projects being supported through the Neighbourhood CIL programme.
Having noted the performance outlined in relation to CIL and associated benefits being achieved through its use to support the wider regeneration programme across the borough Cabinet RESOLVED:
(1) To note the content of the report and Brent Infrastructure Funding Statement 2021/22, as detailed within Appendix 1.
(2) To approve the Infrastructure Funding Statement for publication.