Decision details

Business Rates Pooling Opportunity

Decision Maker: Cabinet

Decision status: Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

The Cabinet will be asked to approve the Council’s application to the Secretary of State for Communities and Local Government to form a pool with other local authorities in relation to NNDR receipts.

Decision:

Cabinet resolved:

 

(i)  To approve the creation of a business rates pool with the London Borough of Havering, Thurrock Council and Basildon District Council from 1 April 2014;

 

(ii)  To delegate authority to the Chief Finance Officer, in consultation with the Cabinet Member for Finance, to agree the operational details of the pooling arrangements with the participating councils; and

 

(iii)  To authorise the Chief Finance Officer, in consultation with the Head of Legal and Democratic Services, to make any amendments to the draft Memorandum of Understanding, attached at Appendix A to the report, as may be required by the Secretary of State, and to enter into the final Memorandum of Understanding on behalf of the Council.

Report author: Jonathan Bunt

Publication date: 23/10/2013

Date of decision: 22/10/2013

Decided at meeting: 22/10/2013 - Cabinet

Effective from: 31/10/2013

Accompanying Documents: