Millions of pounds of housing developer money has been spent on new school places, road improvements and other key community facilities in Leicestershire last year
More than £17 million of housing developer money was spent on new school places, road improvements and other key community facilities in Leicestershire last year.
The amount of money spent has been spelled out in a new document detailing how much cash Leicestershire County Council has used, sought and received from developers.
This shows that during 2019/20 the council has also:
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Hide Ad- Pumped nearly £5.5 million into creating extra classrooms or refurbishing 22 schools, buying new books and equipment at 25 libraries and wide-ranging road improvements, including traffic calming, cycle schemes and junction changes
- Negotiated another £10 million
- Secured £45 million of contributions over the next five years – this is allocated to projects and includes over £30 million for education.
Cllr Trevor Pendleton, the council’s cabinet member for strategic transport, said: “Leicestershire is growing – and it’s important we invest in the future.
“Securing funds from housing developers is a vital part.
“Not only does it reduce the burden on the tax payer and the pressure on our budget, it ensures that the right schools, roads and more are in the right place at the right time.”
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Hide AdHe added: “By shaping where hew homes are built, focusing on the environment and putting the right infrastructure in place to support communities and generate employment, we’re building for tomorrow.”
The Infrastructure Funding Statement (IFS) is available online at: www.leicestershire.gov.uk/environment-and-planning/planning/developer-contributions
The Government now requires all councils in England to publish an IFS each year detailing payments made through section 106 agreements and the Community Infrastructure Levy (CIL).
A list of the school improvements during 2019/20 – and those planned for next year – are available in the report: www.leicestershire.gov.uk/environment-and-planning/planning/developer-contributions