Bidding for Weybridge CIL Funds
Elmbridge charges developers a tax for new development known as the Community Infrastructure Levy (CIL). You can see how this works here. The new tax began in April 2013 and has raised around £1m. The national government has said that this new tax is to be raised for the purposes of providing new or improved infrastructure in Elmbridge. The money raised has been split so that Elmbridge retains 75% and 25% is given to each town in proportion the the tax raised in each town. So far Weybridge has £22,000 to disburse. Elmbridge is now taking applications for funding for local infrastructure projects. Schemes can only be funded if they meet the following criteria:
- The provision, improvement, replacement, operation or maintenance of infrastructure; or
- Anything else that is concerned with addressing the demands that development places on an area.
If you want your project to be considered use the Community Projects Application Form and send this to Elmbridge by 23 May 2014 for your application to be considered by the Weybridge Spending Board.