Sources of funding

This section gives an overview of some of the options you might consider for infrastructure funding, it is by no means an exhaustive list.

Revenue Funding

The amount of money regularly coming in to support the operation of the building and organisational costs - e.g.: staff, programmes, marketing, security, energy, equipment, repairs, renewals, cleaning and materials, licences, insurance.

Infrastructure Funding

The basic building, facilities and equipment needed for the functioning of a building (may be either new build or extension of existing facilities).

In assessing the appropriateness of potential funding sources, partners should consider the following:

• What is the type and nature of the scheme?
• What are the most appropriate sources for your scheme?
• Are there other partners who can jointly deliver the particular facility or service?
• Where can we best utilise existing council assets and resources?
• How can capital costs be supported?
• How can management and operational costs be supported and sustained through revenue sources?

There are many ways to secure the necessary funding from a variety of sources to delivering culture, arts and sporting opportunities through planning and non-planning sources, including:

• Section 106 Planning Obligations
• Community Infrastructure Levy (CIL)
• Existing Local Authority Assets
• New Homes Bonus
• Business Rates Retention
• Big Lottery Fund
• Heritage Lottery Fund
• Arts Council England
• Sport England
• English Heritage