Issue - meetings
Brent Infrastructure Funding Statement 23/24
Meeting: 09/12/2024 - Cabinet (Item 7)
7 Infrastructure Funding Statement 23/24 PDF 369 KB
This report introduces the Council’s fifth Infrastructure Funding Statement (IFS), prepared in line with the Community Infrastructure Levy (CIL) Regulations.
Additional documents:
- 07a. Appendix 1 - Brent Infrastructure Funding Statement 2023-24, item 7
PDF 5 MB
- Webcast for Infrastructure Funding Statement 23/24
Decision:
Cabinet RESOLVED to note the content of the report and approve the Brent Infrastructure Funding Statement 2023/24, as detailed within Appendix A of the report, for publication on the Council’s website.
Eligible for call-in: Yes
Deadline for submission of call-in: 6pm on Monday 16 December 24
Minutes:
Councillor Muhammed Butt (as Leader of the Council and Cabinet Member for Housing, Regeneration, Planning & Growth) introduced a report which set out the Council’s 2023-24 Infrastructure Funding Statement (IFS), prepared in accordance with the Community infrastructure Levy (CIL) Regulations.
In considering the report, Cabinet noted the outline provided relating to the purpose of CIL and s.106 as a funding mechanism to assist in the delivery of a wide variety of infrastructure to support development of the area and annual requirement within the IFS to detail how Brent’s CIL and s.106 funding had been spent in line with regulations. In addition, the IFS was designed to set out future spending priorities on infrastructure in line with the commitments included within the Borough Plan and other key strategic plans such as the Local Plan, Affordable Workspace Strategy, Climate Strategy and Inclusive Growth Strategy.
Whilst recognising the criteria regulating use of funding generated through CIL and s.106 receipts and 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 and s.106 receipts, as detailed within section 3 of the report. In thanking officers for their efforts in relation to performance on the collection of receipts during such a challenging period, members also recognised the positive impact being delivered in relation to the wide ranging and diverse nature of both local and regional infrastructure projects being supported through the strategic CIL process, including the delivery of highway and town centre improvements, medical, external amenity and community facilities. Members were also keen to commend performance in relation to the use and allocation of CIL in support of community projects such as those at The Avenue School being supported through the Neighbourhood CIL programme designed to benefit all communities across the borough.
In commending the transparent nature of the detail provided within the IFS and having noted the performance outlined in relation to CIL and associated benefits being achieved through its use to support the wider growth and regeneration programme across the borough Cabinet RESOLVED to note the content of the report and approve the Brent Infrastructure Funding Statement 2023-24, as detailed within Appendix A of the report, for publication on the Council’s website.