Decision details

Business Rates Retention and Pooling

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

To review the possibility of the Council entering into a county wide business rates pool.

Decision:

Resolved:     (a)       That the proposed new arrangements be noted.

 

(b)       That Newcastle Borough Council participates in the Stoke on Trent and Staffordshire business rates pool.

 

(c)        That the final version of the Memorandum of Understanding be agreed by the Council Leader and the Portfolio Holder for Finance and Budget Management in consultation with the Chief Executive and the Executive Director (Resources and Support Services).

 

 

Report author: Dave Roberts - Head of Finance

Publication date: 17/10/2012

Date of decision: 17/10/2012

Decided at meeting: 17/10/2012 - Cabinet

Accompanying Documents: