Decision - Business Rates Retention Forecast 2022/23

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Decision details

Business Rates Retention Forecast 2022/23

Decision Maker: Policy & Resources Committee

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: No

Purpose:

Forecast of business rates to be retained in 2022/23

Decision:

RESOLVED: That the Committee –

 

(i)             Noted that the amount forecast to be received by the council in 2022/23 from its share of local business rates and section 31 Local Government Act 2003 compensation grants is £71.432m, based on the latest data;

 

(ii)            Delegated the agreement of the final business rates forecast and the NNDR1 2021/22 form to the Chief Finance Officer following consultation with the Chair of this Committee for the reasons given in paragraph 1.2.

Report author: James Hengeveld

Publication date: 31/01/2022

Date of decision: 27/01/2022

Decided at meeting: 27/01/2022 - Policy & Resources Committee

Accompanying Documents:

 


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