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Section 106 Money

Requested on
Wed 2nd October, 2013
Reference
FOI 3424
Resolution
Information provided

Question

This is a request under the Freedom of Information Act and relates to Section 106 money.

Please can you tell me:
1. How much unspent Section 106 money does the council currently hold?
2. How much of this money is allocated and how much unallocated? Please provide actual figures and not percentages.
3. In each of the last five financial years how much Section 106 money has been returned to developers/companies because it has not been spent?
4. In each of the last five financial years how much Section 106 money has the council (a) received and (b) spent?

Answer

1. How much unspent Section 106 money does the council currently hold? 
£3,223,450.75 

2. How much of this money is allocated and how much unallocated? Please provide actual figures and not percentages.  
Unallocated £542,524.42 ,  Allocated £2,680,926.33  
Although some amounts are unallocated to a specific scheme at present discussions are taking place with the relevant bodies e.g. parishes. 

3. In each of the last five financial years how much Section 106 money has been returned to developers/companies because it has not been spent?   None

4. In each of the last five financial years how much Section 106 money has the council (a) received and (b) spent?
  Received Spent
 
2012/13   1,134,736.35       686,430.89
2011/12   2,396,859.86    2,332,193.14
2010/11   1,171,949.14    2,393,115.94
2009/10      681,372.82       705,272.56
2008/09      553,307.01       451,675.86

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