Dear Southwark 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.
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