The below statement was read at the Mendip District Council on Monday evening on behalf of Tessa Munt MP:

Thank you Mr Chairman.

Monies from Section 106 Agreements are not raised by billing Council taxpayers in the Mendip District. 

The loss therefore of £500,000 – half a million pounds – of Section 106 funding for affordable housing for young people in Street by this Council is absolutely catastrophic.

But unfortunately, this is just one of a number of examples of failures relating to Section 106 funding.  This particular mess stands out because of the huge amount of money involved, but when other cases are considered, it reveals systemic failure.