Banbury’s flood alleviation scheme, due for completion early next year, is the latest flood scheme to benefit from Big Society-style alternative funding.
Cherwell District Council, Network Rail, Thames Water and private firm Prodrive have all contributed over £2.5M to the £15M Banbury flood alleviation scheme.
Environment Agency area flood risk manager Ian Tomes said that future flood alleviation schemes will need greater partnership with the local authorities to meet funding gaps. “It’s up the local authority and communities to balance what they need,” he said.
Bucklebury flood defence scheme in West Berkshire was another recent example of a flood scheme that was part-funded by local residents to ensure it can be built.