What are they
Local authorities are required to produce an IFS on an annual basis as a result of changes to government legislation as required by the Community Infrastructure Levy (Amendment) (England) (No.2) 2019. The purpose of the IFS is to provide an overview of developer contributions that have been either:
- agreed
- received
- allocated
- spent over the latest financial period
We do not operate a community infrastructure levy. Therefore, these statements will only set out income and expenditure relating to section 106 (S106) agreements over the stated financial period.
Contact us if you require a copy of a previous Luton IFS.