Council holding £4.5 million development monies

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The York Council has banked £4.49 million in levies paid by developers in the City.

The money – obtained through section 106 contributions – was a condition of the granting of planning permission for a range of developments in the City.

It is money that must be invested in public services such as schools, transport and playgrounds to accommodate the additional demands generated by a development.

The Council has spent £2.8 million, gained from the S106 contributions, during the last 5 years.

During the same the Council has refunded £72,000 period to developers.

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