Infrastructure Funding Statement
About this statement
This report provides a summary of the financial contributions that Redbridge Council has secured through the Community Infrastructure Levy (CIL) and Section 106 agreements (S106).
The Infrastructure Funding Statement (IFS) sets out this year’s income and expenditure relating to the CIL and S106 agreements.
Local Authorities are now required under amendments to the regulations (The Community Infrastructure Levy (Amendment) (England) Regulations 2019 No.1103 that came into force 1
September 2019) to produce an Infrastructure Funding Statement annually thatsets out details about planning obligation receipts and anticipated expenditure, alongside a statement of its spending priorities.
This is to provide clarity and transparency to local communities and developers on the infrastructure and expenditure and in aligning this to planned development, as envisaged in
the Local Plan This is Redbridge’s first IFS.
CIL and S106 together are known as planning obligations or developer contributions. These are levies or chares applied to development projects across the borough to help fund a portion of the infrastructure required to deliver these places. The income is used to help fund the provision of supporting infrastructure in association with development and maximise the benefits and opportunities from growth such as employment and affordable homes.
The information included in the report will be updated annually and published on the Council’s website. This will ensure the most up to date information on the amount of developer
contributions received from new developments in addition to information on where these monies have been spent is readily available to members of the public and other interested
This version of the report does not include information on the infrastructure delivered on site as part of new developments in the borough, or reporting on non-monetary contributions. Data on developer contributions is imperfect because it represents estimates at a given point in time and can be subject to change. However, the data reported within this document is
the most robust available at the time of publication.
Community infrastructure levy and section 106 agreements
CIL is a tariff-based charged on the development of net new floorspace per square metre in the borough. The tariff isset by borough in its community infrastructure levy charging schedule and is indexed each year to grow with inflation.
Section 106 agreements are utilised to mitigate the impacts of developments and ensure that Redbridge’s planning policy requirements, specifically around affordable housing are met.
Under S106 of the Town and Country Planning Act 1990 a Local Planning Authority (LPA) can seek contributions, both physical and financial to offset a negative externality or impact that a development will have on the community and cannot be dealt with through conditions in the planning permission.
Community Infrastructure Levy
Types of CIL
There are two main types of CIL in Redbridge.
- Redbridge CIL: A standard charge which applies to most new buildings and extensions
across the borough. Exceptions to CIL charges include social housing, charitable
institutions and self-build.
- Mayoral CIL: A standard charge which applies to most new development across Greater
London is used to help fund Crossrail.
Within Redbridge, of the total CIL amount collected, 5% isretained for administrative purposes. Of the remaining 95% an additional 15% is retained for the neighbourhood proportion of CIL (which is used to fund local projectsfor which residents and organisations can submit ideas and suggestions). As such 80% of the total CIL collected is retained by the Council to fund
Redbridge CIL Income
The amount of CIL payable is based on a single set figure as per the Redbridge Charging Schedule. The Redbridge Charging Schedule and details behind the adjustments for indexing
can be found at the following link. https://www.redbridge.gov.uk/planning-and building/planning-policy/community-infrastructure-levy/
The table below provides a breakdown of the combined Redbridge CIL and Mayoral CIL receipts over the last three financial years. This data was calculated using the value of invoices raised offset against outstanding amounts.
Table 1: CIL Income Since 2017/18
|Year||Amount Received £m|
Any existing CIL moniesthat require allocation to existing projects and commitments, i.e. those which have already been approved by Cabinet, will be assigned by officers from the relevant Council departments under existing arrangements as permitted under the Council’s Standing Orders.
Section 106 agreements
S106 Held by the Council
Going into the 2019/20 year the Council had S106 reserves of £9.901m available and mainly allocated for the following items.
Table 2: S106 held by the Council
|Infrastructure Type||Balance as of
Any existing S106 monies that require allocation to existing projects and commitments, i.e. those which have already been approved by Cabinet, will be assigned by officers from the
relevant Council departments under existing arrangements as permitted under the Council’s Standing Orders.
The affordable housing money is allocated at the Housing Programme Board.
Section 106 financial contributions received
Looking into the S106 activity for 2019/20, the Council received a total of £0.744 in S106 contributions for the financial year.
Table 3: S106 Monies received in 2019/20
|Infrastructure Type||S106 Monies Received £m|
Section 106 spending
Table 4: S106 Monies Spent on 2019/20
|Infrastructure Type||S106 Monies Spent|
The list below sets out the infrastructure projects, or types of infrastructure, that the Council
intends to fund wholly or in part by the Levy.
- Green infrastructure, public realm and play space
- Transport improvements
- Health care
- Community care facilities
- Community facilities
- Public art