Issue details
Business Rate Retention Pilot
PDF 143 KBDelegated Authority for the Deputy S151
Officer in consultation with the Portfolio Holder for Finance to
submit a bid to take part in a pilot for 100% business rate
retention for Leicester and Leicestershire and to agree to
undertake the pilot if the bid is successful.
Decision type: Key
Reason Key: Affects more than 1 ward;
Decision status: Recommendations Approved
Notice of proposed decision first published: 15/09/2017
Reason for urgency:
On 1 September 2018, DCLG published an inviration to Local Authorities in England to submit a bid to pilot 100% Business Rates Retention in 2018/19. The invitation was specifically aimed at new pooling arrangements and tier-split models of authorities.
Cabinet's approval is sought to submit a bid to become a business rates pilot for 2018/19 as part of a Leicestershire-wide business rates pilot. As the deadline for bids is Friday, 27 October 2017, any call-in would prevent submission of the bid by the deadline and would remove the opportunity for all Leicestershire authorities to participate.
Anticipated restriction: Public -
Decision due: 17 Oct 2017 by Cabinet
Lead member: Councillor Nicholas Rushton, Corporate Portfolio Holder nicholas.rushton@nwleicestershire.gov.uk
Lead director: Director of Resources
Contact: Anita Onwuchekwa, Interim Head of Transformation Email: anita.onwuchekwa@nwleicestershire.gov.uk Tel: 01530 454520.
List of Background Papers: None.
Agenda items
- 17/10/2017 - Cabinet Business Rates Retention Pilot Bid 17/10/2017
Documents
- Business Rate Retention Pilot
Background papers
- None.