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 us 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.
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