Contents
- Introduction to the Infrastructure Funding Statement 2023 to 2024
- Community infrastructure levy – collection and expenditure
- Bexley CIL income 2023 to 2024
- Mayoral CIL
- CIL expenditure for 2023 to 2024
- Retained CIL receipts and future CIL expenditure 2023 to 2024
- Section 106 agreements signed in 2023 to 2024
- London Borough of Bexley annual CIL rate summary 2023 to 2024
Mayoral CIL
In addition to local CIL, the Mayor of London also has powers to raise CIL. The Mayoral Community Infrastructure Levy (MCIL1) was introduced in 2012 to help finance Crossrail, the major new rail link that would connect central London to Reading and Heathrow in the West and Shenfield and Abbey Wood in the East.
The Mayor adopted a new charging schedule MCIL2 to help pay for Crossrail 1 (the Elizabeth Line) and Crossrail 2; it came into effect on 1 April 2019 and superseded MCIL1.
The total Mayoral CIL received in 2023 to 2024 = £1,207,509. The largest amount of Mayoral CIL received came from the following developments:
- land at Binsey Walk, adjacent to Harrow Manorway, London - £463,382
- Lidl UK Gmbh, Fishers Way, Belvedere - £440,805
- land at the Junction of Macarthur Close and West Street, Erith - £66,89
- part of Erith Quarry Site, Fraser Road, Erith - £64,626
- 152,152A, 154, 156 and 160 Crayford Road, Crayford - £45,106