Decision details

Decision Maker: Deputy Leader of the Council and Economic Growth, Regeneration & Tourism Portfolio Holder

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

To seek agreement to the Council participating in an Essex business rates pool in 2019/20 and to support an application to the Government to become a pilot area in the same year.

Decision:

To agree to the Council participating in a revised Essex business rates pool in 2019/20 and to support an application to the Government to become a pilot area in the same year, along with associated delegation to the Deputy Chief Executive to finalise the pilot bid and pool arrangements with the other pool members.

Reasons for the decision:

To ensure the Council is in a business rate pool in 2019/20 and potentially secure further financial gain from the pool being designated as a pilot area under the 75% retention of business rates model.

Alternative options considered:

None – the Council would be missing the opportunity to maximise financial benefits from being a member of a business rates pool / pilot.

Interests and Nature of Interests Declared:

None.

Urgent item?: Yes

Publication date: 25/09/2018

Date of decision: 24/09/2018

Accompanying Documents: