Solihull Council has received and allocated nearly £4.8 million from developer contributions during the financial year April 2024 to March 2025, according to a recent report presented to senior councillors.
These funds come from two main sources: the Community Infrastructure Levy (CIL) and Section 106 agreements, both of which are payments made by developers to support local infrastructure and community projects linked to new developments within the borough.
The council collected £2,778,360 in CIL payments and £2,017,394 through Section 106 agreements, totaling £4,795,754. The CIL funds were distributed within three categories: £2,095,530 directed to the Strategic Fund to support large-scale infrastructure projects; £544,615 allocated to the Neighbourhood Fund, providing direct payments to parish councils and ward funds in unparished areas; and £138,215 used for administrative purposes.
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While there can be delays in spending CIL funds, parish councils managed to spend £52,413 within the year on community initiatives. Meanwhile, £2,705,482 from Section 106 agreements was also spent on a range of projects aimed at improving local services and infrastructure.
The report acknowledges that there is sometimes a time lag between the collection and spending of both CIL and Section 106 funds, due to planning and implementation processes.
This comprehensive report will be reviewed by the council cabinet at their next meeting on May 28, the first following recent local elections. The meeting will be accessible to the public via a live stream on the Solihull Council website.