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Infrastructure Funding Statement

Meeting: 20/12/2022 - Cabinet (Item 170)

170 Infrastructure Funding Statement pdf icon PDF 211 KB

Cabinet Member: Travel & Development Strategy

Forward Plan Ref: 2022/106

Contact: Christine Stevenson, Planning Obligations Manager, 07825 052782

 

Report by Corporate Director Environment & Place (CA11).

 

The Infrastructure Funding Statement is a statutory statement of fact to be reported annually, by 31 December 2022 on developer contributions secured, spent or received during the previous financial year, 1 April 2021 – 31 March 2022.

 

The Cabinet is RECOMMENDED to

 

a)                      Consider the content of the Infrastructure Funding Statement 2021/22;

 

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

 

Additional documents:

Decision:

Recommendations approved.

 

Minutes:

The Infrastructure Funding Statement is a statutory statement of fact to be reported annually, by 31 December 2022 on developer contributions secured, spent or received during the previous financial year.  This report covered 1 April 2021 – 31 March 2022.

 

Councillor Duncan Enright, Cabinet Member for Travel & Development Strategy, introduced the report describing it as a good overview of the use of resources secured on behalf of the community as well as an indicator of the pace of the provision of infrastructure.

 

Councillor Calum Miller noted that 20% of the funds currently held by the Council have been allocated to projects and that no funds had to repaid in the three most recent financial years thanks to the close monitoring of the funds by officers.

 

The recommendations were proposed by Councillor Enright, seconded by Councillor Sudbury and agreed.

 

RESOLVED to:

 

a)                  Consider the content of the Infrastructure Funding Statement 2021/22.

 

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