Hertsmere Borough Council has nearly £8million of money available for community projects, according to a Freedom of Information request.

An FOI request was submitted to the council in relation to the amount of Section 106 money it has at its disposal.

Section 106 money comes from developers and is intended to be spent on social and community projects and infrastucture. 

As of the December 6 2017, the balance stood at £7,766,833.

In 2015/16, the council received nearly £4m but spent £375,000 in the same year.

In 2014/15 and 2016/17, the council spent more Section 106 money than it received.

Last year, the council spent £1.1m after receiving £1.3m from developers.

In the 2017/18 financial year, so from April 2017 to December 6 2017, £124,392.86. In the same period, the council received £151,703,14.

The FOI, which was submitted by Elstree&Borehamwood Residents' Association chairman Andy Lewis, suggests that there is currently £3.5m of Section 106 money available to spend on projects and infrastructure within Elstree & Borehamwood.

£118,909 of the £1.1m spent across Hertsmere in 2016/17 was spent in Elstree & Borehamwood. In the current 2017/18 financial year, and again up until December 6 2017, £36,140 had been spent.

The figures obtained in the FOI go as far back as 2011/12 when a new financial system was implemented. The balance carried forward ar the end of the 2011/12 financial year was £1,113,671.07.

The ongoing Meadow Park redevelopment is being funded with Section 106 money.