Infrastructure funding statement 2023 to 2024

Introduction

This statement summarises details of certain types of financial and other contributions we have secured or spent for the 2023 to 2024 financial year. This fulfils the obligation for all councils to report annually, as set out in the second of the 2019 amendments to the original Community Infrastructure Levy Regulations 2010, under the Planning Act 2008. These regulations are referred to elsewhere in this statement as the 2019(no2) Regulations or simply the Regulations. The summary details primarily relate to the Community Infrastructure Levy (CIL) and ’section 106 agreements’. Information has also been included on agreements under the Highways Act as is optional under the CIL Regulations.

The sections of this statement provide the following to meet Regulation 121A requirements:

  1. statement on how future Community Infrastructure Levy (CIL) is intended to be used to fund infrastructure
  2. CIL report, including details on CIL transferred to Lincolnshire County Council to March 2024
  3. section 106 Report. Relevant summary details of ’section 106 agreements’ to March 2024

This is the fifth such annual statement with Regulations introduced in advance of the 2019 to 2020 IFS. References in this statement to 'the year' or 'the reported year' are 1 April 2023 to 31 March 2024.