(Report of Director of Finance and Transformation)
The report provided an overview of “The 2019-20 Local Government Finance Settlement Technical Consultation” and an “Invitation to Local Authorities in England to pilot 75% Business Rates Retention in 2019/20”, published by the Ministry of Housing, Communities and Local Government, together with a response to the Technical Consultation.
Following consideration by the Finance, Innovation and Property Advisory Board, the Cabinet Member for Finance, Innovation and Property resolved that:
The response to the Technical Consultation (set out at Annex 1 to the report), as agreed with the Leader, the Cabinet Member for Finance, Innovation and Property and the Chairman of the Finance, Innovation and Property Advisory Board, be noted and endorsed.