New Ways to Fund Building Needed Councils: Revenue
Summary
COUNCILS must find new ways to fund economy-boosting infrastructure after the collapse of "planning gain" payments from housebuilders, CBI Scotland has warned.
Speaking at the annual meeting of the Scottish Local Authorities Economic Development Group in Stirling, David Lonsdale, deputy director of CBI Scotland, said: "During the past decade, the expectation has been that house-builders and developers would provide much of the up-front funding for schools, affordable housing, road improvements and so on. But the awful circumstances developers have faced in the past year have shown this financing model to be deeply flawed.See the full content of this document
Extract
New Ways to Fund Building Needed Councils: Revenue
"There certainly needs to be a deb...
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