Infrastructure Funding Statement
The Infrastructure Funding Statement (IFS) is a factual report which summarises the amount of developer contributions obtained, allocated and spent in the previous financial year (April 2020 – March 2021).
This new annual reporting requirement was introduced as part of the recently amended CIL regulations in 2019 (CIL Regulations: Schedule 2), with the objective of increasing transparency around how developer contributions are spent on Infrastructure. As set out in Schedule 2, the contents of this report are divided into three key sections for the previous financial year:
- Information on CIL contributions;
- Information on Section 106 Contributions;
- Items of infrastructure that CIL is to be spent on in the next five years (According to the Council’s Capital Programme at the end of the previous financial year).
The introduction of this Infrastructure Funding Statement now means that monitoring around CIL and S106 contributions will now be found in the IFS instead of the Annual Monitoring report (AMR).
CIL Infrastructure List (Formerly ‘Regulation 123’ List)
The requirement for the Council to maintain a CIL Regulation 123 list has been removed following the enactment of the new CIL Regulations (2019) on 1 September 2019.
The CIL Regulation 123 list is now to be renamed the ‘CIL Infrastructure list’ and will be used as an informative document, which identifies items of infrastructure which may and will be delivered and funded in the City of Oxford through CIL income. Maintenance and consideration of this list will help to ensure no duplication or double charging towards the same infrastructure project via S106 agreements.
Published 6 March 2014, the guidance explains the neighbourhood planning system introduced by the Localism Act, including key stages and considerations required.
CIL differs from planning obligations in that the funds collected are not tied to a specific development or the provision of specific infrastructure. However, 15% of CIL receipts will be passed directly to Parish Councils in those areas of Oxford that have a Parish Council. In unparished areas, this 15% will be held by the Council and spent in accordance with the wishes of the community.
The neighbourhood proportion of CIL would rise to 25% in areas covered by adopted Neighbourhood Plans.