Issue - meetings

Infrastructure Funding Statement

Meeting: 21/12/2021 - Cabinet (Item 130)

130 Infrastructure Funding Statement pdf icon PDF 213 KB

Cabinet Member: Travel & Development Strategy

Forward Plan Ref: 2021/159

Contact: Chris Stevenson, Planning Obligations Manager Tel: 07825 052782

 

Report by Corporate Director Environment & Place (CA9).

 

The Infrastructure Funding Statement is a statutory statement of fact to be reported annually, by 31 December 2021 on developer contributions secured, spent or received during the previous financial year, 1 April 2020 – 31 March 2021.

 

The Cabinet is RECOMMENDED to:

 

a)            Consider the content of the Infrastructure Funding Statement 2020/21.

 

b)           Approve the publication of the report onto the Oxfordshire County Council website.

 

Additional documents:

Decision:

Recommendations agreed

 

Minutes:

Cabinet was recommended to approve the Infrastructure Funding Statement which is a statutory statement of fact to be reported annually on developer contributions secured, spent or received during the previous financial year.

 

Councillor Duncan Enright, Cabinet Member for Travel & Development Strategy, emphasised that developer contributions were a very important part of funding for the capital programme.  He reminded Members that the Infrastructure Strategy was out for consideration and that would inform how this development money would be spent to move more towards a zero carbon economy.

 

Councillor Glynis Phillips asked that local Members be involved as early as possible in the decision-making process.  Councillor Enright agreed that Members had valuable insights to bring to the process.

 

Councillor Calum Miller stressed the importance of managing monies received but not yet spent in order to ensure we can deliver on projects and make full use of these funds.

 

The recommendations were put and agreed.

 

RESOLVED to:

 

a)            Consider the content of the Infrastructure Funding Statement 2020/21.

 

b)           Approve the publication of the report onto the Oxfordshire County Council website.