Funding
Partners demonstrated their commitment to the project by providing
funding for administration costs and a Project Officer's salary,
together with a wealth of local and specialised knowledge and project
support in various forms.
We were also successful in securing funding from both
SITA Environmental Trust (Coy Pond Gardens) and
Biffaward
(Bourne Valley Park) under the Landfill Tax Credit Scheme.
The
Landfill Tax Credit Scheme
The Landfill Tax, a levy on all material disposed in landfill sites, was
introduced in October 1996. The tax aims to encourage recycling and
reduce waste by raising the costs of disposal. The Landfill Tax Credit
Scheme (LTCS) was introduced with the landfill tax and enables Landfill
Operators to donate up to 6.5 per cent of their landfill tax liability
to implement social and environmental projects.
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