The Council's cabinet also agreed to launch another consultation on its draft Core Strategy, following amendments to housing need as a result of a sharp projected fall in population growth.
The Council intends to run the consultations for the Core Strategy and the CIL Charging Schedule together.
The CIL draft charging schedule proposes to split Newcastle into two zones for residential development, which will be levied at £88 per square metre for residential development in the City's northern suburbs and £16 per sq m for residential development in an area immediately to the north east of the City centre.
The proposed schedule does not intend to impose a levy on residential development anywhere else in the charging area.
The levies imposed on commercial uses are more complex and cover zone one, which is in the City centre, zone two, which stretches to the north of the city and to the north west, and a third area which is not characterised as a 'zone' but will cover anywhere outside of zones one or two.
Charges for commercial development are differential across the zones and dependent on the type of development. Shared accommodation is levied at £16 per sq m for student and shared accommodation, but retail uses in both zones are proposed to be charged at £128 per sq m.
Supermarkets are also proposed to be subject to a levy of between £80 to £128 per sq m.
"Developer contributions will be used to enhance sustainable modes of travel and manage the wider network in such a way that it improves connectivity and accessibility," the Council said.
Another round of consultations on the Council's Core Strategy have been agreed, after changes to the City’s house building strategy were approved by Cabinet. The new consultation will also take account of the National Planning Policy Framework, it said.
Under the new proposals the Council has reduced the numbers of houses that are needed to be built on green belt land and has removed the allocation for housing land at Salter’s Lane, due to local concerns.
The number of homes proposed for Callerton Park has been reduced by 3,000, however a number of sites have been earmarked as neighbourhood growth areas and village growth sites.