Information on S106 funds

The request was successful.

Dear Greenwich Borough Council,

Please can you provide a breakdown relating to the s106 funds that have been available for the council over the previous 3 financial years, and how much of those monies have been spent.

Further to this, section 106 funds, as I understand it, have a time limit which if the council has not used the funds in the given time then the funds lapse, or are no longer available to be spent by the council.

Please provide the values for the lapsed section 106 funds in the past 3 financial years. A breakdown per year would be ideal, eg £XXXX lapsed in 2012/13.

Yours faithfully,

Jon Irwin

foi, Greenwich Borough Council

Dear Mr Irwin

Freedom of Information request:  RFI/09486

Thank you for your Freedom of Information request dated 05/02/2016.

Your request is being dealt with under the terms of the Freedom of
Information Act 2000 and will be answered within twenty working days.

If you have any queries about this request, please contact me, quoting the
reference number above.

Yours sincerely,

Eileen Edwards
Head of Policy and Performance
Directorate of Central Services
Royal Borough of Greenwich

LGC Council of the Year 2013

' 020 8921 5132 
* Basement, Town Hall, Wellington Street, Woolwich, London SE18 6PW
8 [1]www.royalgreenwich.gov.uk  

 

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foi, Greenwich Borough Council

Dear Mr Irwin,

 

Request for information RFI/09486

 

Thank you for your email dated 5th February 2016 in which you asked:

 

Please can you provide a breakdown relating to the s106 funds that have
been available for the council over the previous 3 financial years, and
how much of those monies have been spent.

    

Further to this, section 106 funds, as I understand it, have a time limit
which if the council has not used the funds in the given time then the
funds lapse, or are no longer available to be spent by the council.

 

Please provide the values for the lapsed section 106 funds in the past 3
financial years. A breakdown per year would be ideal, eg £XXXX lapsed in
2012/13.

 

 

Please find a summary table below by Financial Year.

 

FY S106 Monies Raised S106 Monies S106 Monies Lapsed s106
Received Spent
2012/13 £1,162,549 £7,344,766 £7,054,499 £200,000
2013/14 £14,274,955 £10,401,470 £4,293,082 £50,000
2014/15 £29,855,158 £16,174,805 £4,291,147 £0

 

If you have any queries about this correspondence, please contact me,
quoting the reference number above.

If you are not satisfied with our response to your request, you can ask
for an Internal Review.  Internal review requests should be submitted
within two months of the date of receipt of the response to your original
request.  If you wish to do this, please contact us, setting out why you
are dissatisfied.

If you are not satisfied with the outcome of the Internal Review, you may
apply directly to the Information Commissioner (ICO) for a decision. 
Generally, the ICO cannot make a decision unless you have exhausted the
Internal Review procedure provided by the Council.

Yours sincerely,

Eileen Edwards
Head of Policy and Performance
Directorate of Central Services
Royal Borough of Greenwich

LGC Council of the Year 2013

' 020 8921 5132 
* Basement, Town Hall, Wellington Street, Woolwich, London SE18 6PW
8 [1]www.royalgreenwich.gov.uk  

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