4. CIL Governance - Phase 2 - Strategic Allocation
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To receive a report confirming the Council’s updated approach to the strategic allocation and use of CIL, ensuring decisions remain evidence?based, aligned with strategic priorities, and responsive to planning reform and Local Government Reorganisation.
Contact: L Morrison (01480) 388178 M Gildersleeves (01480) 388178
Additional documents:
Decision:
The Cabinet has
(1) noted the paper and the alignment of the approach with the existing CIL Governance arrangement;
(2) agreed the approach to the Strategic Allocation of CIL funds as set out in the submitted report forms the Strategic Priority Programme to be delivered as part of the next stage of CIL Governance (approved in 2024);
(3) agreed the suggested approach in respect of use and assignment of CIL funding, or ‘forward funding’ towards projects which form part of the Councils wider Capital Programme, where those projects would align with the adopted CIL Governance;
(4) agreed to retain a minimum level of CIL funding of £3-5m, in order to maintain a level of funding available to support future funding rounds;
(5) noted that the use of CIL funds does not preclude the Council from utilising other funding approaches for future projects should this be required in future; in all cases, this would be subject to detailed assessment at the relevant time;
(6) delegated authority to the Corporate Director (Place) and the Corporate Director (Finance and Resources and Section 151 Officer) in consultation with the Leader, Executive Councillor for Finance, and Executive Councillor for Planning to determine the level of allocation of CIL funding to be awarded towards projects which form part of the Councils agreed Capital Programme, based on the principles set out in the submitted report; and
(7) delegated authority to the Corporate Director (Finance and Resources and Section 151 Officer) to undertake all necessary actions to ensure that appropriate governance and financial reconciliation measures are in place.