Decision Maker: Cabinet
Decision status: Approved
Is Key decision?: Yes
Is subject to call in?: Yes
The Council has received £535,000 grant funding from Central Government to support businesses that have been impacted by the revaluation of business properties. The Cabinet will be asked to approve a new relief policy for dispersing the funding to affected businesses in the current financial year.
The Cabinet resolved to:
(i) Note the four-year grant funding arrangements for the Local Discretionary Rate Relief Scheme, following which the costs of providing relief to the affected businesses would need to be absorbed into the Council’s overall budget; and
(ii) Approve the Local Discretionary Business Rate Relief Scheme 2017/18, as set out at Appendix A to the report.
Report author: Kathy Freeman
Publication date: 18/10/2017
Date of decision: 17/10/2017
Decided at meeting: 17/10/2017 - Cabinet
Effective from: 26/10/2017
Accompanying Documents: