Infrastructure Funding Statement
Following changes to the Community Infrastructure Levy Regulations in 2019, from December 2020 the Council is required to prepare an annual Infrastructure Funding Statement for the previous financial year. This should be published on the website by 31st December each year. The report should set out details of developer contributions secured through planning applications, including from the Community Infrastructure Levy and Section 106 legal agreements. The Statement should also set out details of future spending priorities, to replace the Regulation 123 Infrastructure List.
The Wakefield Infrastructure Statement 2022/2023 was approved by Cabinet on 15 October 2024.
Spending and reporting arrangements
The broad arrangements for spending the Community Infrastructure Levy were agreed by Council on 13 July 2016. At this time, the Council agreed to spend 25% of funds in areas where the money is raised from new development. Where there is a Town or Parish Council the funds will be passed directly to that council, who will be responsible for reporting on their annual spending. If there is no Town or Parish Council the money will be retained by Wakefield Council and spent in consultation with the local community.
On 4 October 2017 Council agreed that elected Ward Members would be responsible for consulting local communities on spending priorities for the neighbourhood fund, where there is no Town or Parish Council in Place. Spending decisions on these funds will be approved by the Leader and Deputy Leader. The detailed spending arrangements for the neighbourhood fund can be found on the Community webpage in the Neighbourhood Spending Guidance.
The Council will prioritise spending of the strategic fund on infrastructure to support growth, prosperity, new jobs, education skills, and housing.