Decision - Business Rates Retention Forecast 2021/22
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Decision details
Business Rates Retention Forecast 2021/22
Decision Maker: Policy & Resources Committee
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Purpose:
Estimate of retained business rates to be
included in setting the 2021/22 budget
Decision:
RESOLVED: That the Committee
(i) Noted that the amount forecast to be received by the council in 2021/22 from its share of local business rates and section 31 Local Government Act 2003 compensation grants is £67m, based on the latest data;
(ii) Delegated the agreement of the final business rates forecast and the NNDR1 2021/22 return to the Acting Chief Finance Officer following consultation with the Chair of this Committee for the reasons given in paragraph 1.2.
Report author: Heather Bentley
Publication date: 21/01/2021
Date of decision: 21/01/2021
Decided at meeting: 21/01/2021 - Policy & Resources Committee
Accompanying Documents:
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