Decision - Community Infrastructure Levy – Allocation and future governance arrangements

This report recommends how to allocate circa £2.4M of accumulated Citywide Community Infrastructure Levy (CIL) funding. It also updates governance arrangements for the planning and oversight of Neighbourhood CIL and residual S106 receipts.

1)             Cabinet agrees to use £2.42m of CIL Citywide receipts to support existing priority seafront capital regeneration project expenditure in 24/25.

2)             Cabinet agrees to use up to £184k of CIL Citywide receipts to support eligible projects in the Thriving Communities Fund programme

3)             Cabinet agrees to use £235.9k of CIL Citywide receipts to top up available Neighbourhood CIL funds in 17 wards (as outlined in Appendix B of this report).

4)             Cabinet requests an annual report that will outline how residual s106/CIL and neighbourhood CIL money has been spent over the previous 12 months and to provide a programme of options for spending forecast CIL money to ensure projects are supporting Council infrastructure priorities.