Showing posts with label Community Infrastrure Levy. Show all posts
Showing posts with label Community Infrastrure Levy. Show all posts

Monday, 2 December 2024

Brent's Community Infrastructure Levy funds at record levels but without government policy change unavailable to offset planned £16m cuts

 

SCIL: Strategic Infrastructure Levy NCIL: Neighbourhood Infrastrure Levy

The latest Brent Infrastructure Funding Statement showing how Brent Council has used the Community Infrastructure Levy (CIL)  in 2023-24 strengthenss the case for relaxation of the restrictions on spending of the funds raised. £143m of Strategic CIL remains unspent and £15.5m of Neighbourhood CIL. 

The Council's 2025-2026 proposes £16m of cuts to council services.

Strategic CIL cannot be used currently for the day to day running of the Council. The Lead Member for Finance in her Forward to the report states that the current shortage of funds for that provision can only be addressed by the Government increasing local government funding.

However, following a suggestion made by Liberal Democrat councillor, Anton Georgiou, Cllr Muhammed Butt and Cllr Shama Tatler have written to the Government LINK calling for more flexibility regarding CIL spending to relieve some of the pressure in the short term:

Easing restrictions does not mean abandoning fiscal responsibility, rather adapting to current realities and the challenges councils are facing. Councils can still practice sound financial management while using CIL more flexibly. Establishing clear guidelines and accountability for the use of CIL funds would ensure that the funds are used effectively and responsibly.

The figures speak for themselves:

 

CIL spending and allocation:


 

Neighbourhood CIL allocations and spend are reported in the Brent Infrastructure Funding Report and too detailed to include here but well worth reviewing. See LINK. 

Overview of area spending


 In addition to CIL Brent can also raise money through Section 106 agreements with developers and these have become significant particularly in housing. Again there is a significant amount of money unspent in the fund:
 
 

 
 

 301 'affordable units' were secured through Section 106 but only four were social rent: