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: