Decision Taken By: CABINET MEMBER FOR Finance, Innovation and Property
Decision No: D130060MEM
Date: 22nd May 2013
Decision(s) and Reason(s)
Update of Discretionary Rate Relief Guidelines
Minutes
Consideration was given to revised criteria for determining applications for rate relief in the light of the introduction of the business rate retention scheme from 1 April 2013. It was noted that the awarding of discretionary rate relief would in future have a direct financial effect on the Council, having previously been funded largely by Central Government. However until the financial implications became clearer a modest amendment to the criteria was suggested.
It was noted that a further Members' briefing would be arranged on business rate retention.
Following consideration by the Finance, Innovation and Property Advisory Board, the Cabinet Member for Finance, Innovation and Property resolved that:
The revised criteria for determining applications for discretionary rate relief, as set out at Annex 2 to the report, be approved.
Reasons: As set out in the report submitted to the Finance, Innovation and Property Advisory Board of 22 May 2013.
Signed M Coffin (Cabinet Member for Finance, Innovation and Property)
Signed Leader: N Heslop
Signed Chief Executive: J Beilby
Date of Publication: 24 May 2013
This decision will come into force and may then be implemented on the expiry of 5 working days after publication unless it is called in.