Issue - meetings

Annual Authority Monitoring Report and Infrastructure Funding Statement

Meeting: 17/12/2024 - Cabinet (Item 11)

11 Authority Monitoring Report and Infrastructure Funding Statement pdf icon PDF 170 KB

Additional documents:

Minutes:

Background:

 

This report presented the Annual Medway Authority Monitoring Report (AMR) 2024, set out at Appendix 1 to the report, which provided an assessment of development trends and wider social, economic and environmental indicators, together with progress on the preparation of the new Medway Local Plan.

 

A key measure reported in the AMR was the annual level of housebuilding in Medway, which was 1,300 new homes being built in 2023-24, the highest since Medway became a unitary authority. However, this record high rate of housebuilding still fell short of the defined level of local housing needs for 1,658 homes a year, following the standard method set by Government.

 

The report also presented the Infrastructure Funding Statement (IFS) 2024, set out at Appendix 2, which set out details of funding agreed, received and spent through developer contributions, and proposed spend on infrastructure. A full breakdown of contributions spent in 2023/24 was set out in the Infrastructure Funding Statement.

 

Decision

number:

 

Decision:

 

160/2024

The Cabinet approved publication of the Authority Monitoring Report 2024, as set out at Appendix 1 to the report.

 

161/2024

The Cabinet approved publication of the Infrastructure Funding Statement 2024, as set out at Appendix 2 to the report.

 

 

Reasons:

To comply with the duty to compile and publish a planning monitoring report.

 

To satisfy the requirement to annually publish an Infrastructure Funding Statement.