87 CIL ARRANGEMENTS FOR 2025
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Decision:
RESOLVED:That the existing CIL Governance and Spending Policy Document 2024 roll forward to allow the January 2025 round of CIL Spending applications to be submitted and considered by CIL Spending Panel to decide applications for funding under £50,000 with recommendations to Cabinet for those that exceed £50,000.
Reason for Decision
For the round of CIL Spending applications to take place in January 2025.
Minutes:
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Councillor Moriarty explained that the CIL Governance and Spending Policy Document was normally reviewed on an annual basis. The CIL Spending Panel reviewed and produced a draft list of infrastructure projects which met the changing needs and aspirations of the Borough to support infrastructure. Cabinet would then review and decide on amended priorities as appropriate.
Cabinet had asked the CIL Spending Panel and officers to review the existing list of infrastructure projects as identified in the CIL Governance and Spending Policy Document 2024 to ensure that both corporate projects and community projects were eligible for funding going forward which met the priorities of the Corporate Business Plan.
This review was not able to be completed by the end of the December 2024 in advance of the next round of CIL Spending applications opening in January 2025. Therefore, it was proposed to roll forward the existing CIL Governance and Spending Policy Document 2025 to allow for CIL Spending applications to come forward in January 2025 and a subsequent CIL Spending Panel to consider applications if appropriate make recommendations on applications and allocate funding (subject to final Cabinet approval where required). In tandem, officers would work with CIL Spending Panel to review the CIL Governance and Spending Policy Document and make recommendations on a new Draft List of Infrastructure Projects and an appropriate split for allocations for funding between corporate and community projects that could be carried forward for approval in Spring 2025.
RESOLVED:That the existing CIL Governance and Spending Policy Document 2024 roll forward to allow the January 2025 round of CIL Spending applications to be submitted and considered by CIL Spending Panel to decide applications for funding under £50,000 with recommendations to Cabinet for those that exceed £50,000.
Reason for Decision
For the round of CIL Spending applications to take place in January 2025.