Infrastructure funding statement IFS

On 1 September 2019 The Community Infrastructure Levy (Amendment) (England) (No. 2) Regulations 2019) came into force. The amended Regulations require local authorities to publish an annual Infrastructure Funding Statement (IFS) which sets out how much CIL revenue and S106 contributions has been collected, how much has been spent and what it has been spent on.

The publication of an annual IFS intends to improve transparency and demonstrate that development is accompanied and mitigated by infrastructure contributions, both through CIL and S106 contributions.

The requirement in the 2019 Regulations replaces the need for local authorities to produce a CIL Regulation 123 list.