Infrastructure Funding Statement 2024-25
Chapter 4: S106 closing balance at end of 31 March 2025
Highlights
- Total closing balance £5,171,285.02
- Unallocated balance £2,282,764.45
- Allocated balance £2,888,520.57
Allocated and Unallocated S106 contributions
As set out in the national guidance and for the purpose of this report, “allocated” means a decision has been made by the Council to commit funds to a specific item of infrastructure or project. For most S106 agreements, this decision has been made at the planning application stage with each infrastructure or project requirement specified within the legal agreement.
It is however important to note that “unallocated” money still sets out which overall infrastructure type it applies to (for example whether it’s for sports or education) and will still be bound by the terms of the S106 legal agreement. As a minimum it will be required to be spent on the infrastructure type specified within the agreement, it is just that a specific project within that category has not yet been decided.
Table 1 provides a summary S106 contributions retained, received, spent and closing balance during 2024 to 2025, broken down between ‘allocated’ and ‘unallocated’ funds. Although the data below can be found in the Income dashboard in Chapter 1, this table summarises the balance of funds at the end of the 2024 to 2025 period, which is not currently available in the dashboard, but can be found on S106 2024-2025 transactions and future income spreadsheet
Table 1
|
Unallocated
|
Amount (£ rounded)
|
|
Unallocated and unspent and received before 2024 to 2025 monitoring year
|
2,476,283
|
|
Unallocated and received during 2024 to 2025 monitoring year
|
379,657
|
|
Unallocated and spent during 2024 to 2025 monitoring year
|
573,176
|
|
Total ‘Unallocated’ balance end of 2024 to 2025
|
2,282,764
|
|
Allocated
|
Amount (£ rounded)
|
|
Allocated and unspent and received before 2024 to 2025 monitoring year
|
3,027,637
|
|
Allocated and received during 2024 to 2025 monitoring year
|
554,966
|
|
Allocated and spent during 2024 to 2025 monitoring year
|
689,568
|
|
Total ‘Allocated’ balance end of 2024 to 2025
|
2,888,521
|
Table 2 breaks down the unallocated and allocated closing balance by Infrastructure type, and which funds are allocated to a project or not. The total balance of S106 funds held at the end of 31 March 2025 is £5,171,285.02.
Table 2
|
Infrastructure Type
|
Unallocated
(£ rounded)
|
Allocated
(£ rounded)
|
Total balance
(£ rounded)
|
|
Community -Library
|
0
|
2,952
|
2,952
|
|
Community -General
|
0
|
281,945
|
281,945
|
|
Community - Children’s and Youth Provision
|
0
|
111,612
|
111,612
|
|
Community - Public Realm
|
0
|
600,872
|
600,872
|
|
Education - Primary
|
79,637
|
0
|
79,637
|
|
Education - Secondary
|
98,597
|
0
|
98,597
|
|
Green Infrastructure / Ecology -Accessible Green Space
|
0
|
1,078
|
1,078
|
|
Green Infrastructure / Ecology - General
|
0
|
570
|
570
|
|
Green Infrastructure / Ecology - SPA / SAMMS Mitigation
|
0
|
267,896
|
267,896[1]
|
|
Health and Social Care - Adult Social Care
|
0
|
387,150
|
378,150
|
|
Health and Social Care - NHS / ICB Requirements
|
257,254
|
185,527
|
460,781
|
|
Strategic Highways
|
0
|
86,100
|
86,100
|
|
Affordable Housing
|
1,593,267
|
0
|
1,593,267
|
|
Housing detail -Housing Mix
|
0
|
13,884
|
13,884
|
|
Monitoring Fees - S106
|
0
|
12,832
|
12,832
|
|
Open Space - Children's Equipped Play
|
103,925
|
162,605
|
266,531
|
|
Open Space - General/Mixed
|
0
|
30,703
|
30,703
|
|
Sport and Leisure - Outdoor Sport
|
132,085
|
240,501
|
372,586
|
|
Sport and Leisure - Mixed Sport and Leisure
|
0
|
193,615
|
193,615
|
|
Sustainable Travel
|
0
|
489,716
|
489,716
|
|
Total
|
2,282,764
|
2,888,520
|
5,171,285[2]
|
1] Please note this balance does not include the additional 3% interest rate as set out in the Thanet Coast and Sandwich Bay SPA Strategic Access Mitigation and Monitoring Strategy (SAMM), which is £7,799.82, bringing the total SPA/SAMMS contribution held to £275,696.05.
[2] Please note this balance does not include the additional 3% interest rate for the SPA/SAMMS contribution, which brings the total balance held to £5,179,084.84.
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