Decision - Business Rates Retention forecast 2015/16
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Decision details
Business Rates Retention forecast 2015/16
Decision Maker: Policy & Resources Committee (pre 2015)
Decision status: Information Only
Is Key decision?: No
Is subject to call in?: No
Purpose:
To set out the Business Rates Retention
forecast and NNDR1 return for 2015/16
Decision:
1) To note the amount forecast to be received by council in 2015/16 from its share of local business rates and section 31(Local Government Act 2003) compensation grants is £56.544m based on the latest data. This is £0.222m above the forecast used in the December 2014 budget update report.
2) Agree the NNDR1 2015/16 form at Appendix 1 as amended.
Report author: James Hengeveld
Publication date: 22/01/2015
Date of decision: 22/01/2015
Decided at meeting: 22/01/2015 - Policy & Resources Committee (pre 2015)
Accompanying Documents: