Decision
Community Endowment Contribution
Decision Maker: Cabinet
Outcome: Approved
Is Key Decision?: Yes
Is Callable In?: Yes
Date of Decision: December 9, 2025
Purpose: The Cabinet will be asked to approve changes to the level of Neighbourhood Community Infrastructure Levy (NCIL) funding contributed to growing the Borough Community Endowment.
Content: Cabinet resolved to: (i) Agree to cap the contribution to growing the Borough Community Endowment fund at a maximum of £100,000 or 20% of the Neighbourhood Community Infrastructure Levy (NCIL) income above £300,000, whichever was lower; (ii) Agree that the change take effect immediately and include the income collected in-year 2025/26; (iii) Agree that the Council commits to the proposed model of investing in the Community Endowment for a period of 10 years, providing the level of NCIL collected remained sufficiently high enough to do so; and (iv) Delegate authority to the Director of Strategy, in consultation with the Strategic Director, Inclusive Growth and Place, to make future changes pertinent to the use of the NCIL funding.
Supporting Documents
Related Meeting
Cabinet - Tuesday, 9 December 2025 7:00 pm on December 9, 2025