Decision details

The Executive agreed the following in relation to the Stockport Council Tax and Non-Domestic Rates Billing Area:-

·           that a forecast Collection Fund deficit of £0.301m in 2017/18 relating to a Council Tax surplus of £0.424m and Business Rates deficit of £0.725m be declared;

·           that the Council Tax Base for 2017/18 budget setting purposes of 91,720.1 Band D equivalent dwellings be approved; and

·           that the 2017/18 forecast for Business Rates income of £42.163m be provisionally approved.

and delegated the following decisions to the Borough Treasurer in consultation with the Executive Councillor (Reform & Governance):

·           any decision to vary the Business Rates forecast presented in paragraph 4.25 of the report;

·           the decision to pilot the 100% Business Rates Retention from 1 April 2017 as set out in paragraphs 4.24 to 4.28 of the report; and

·           the decision as to whether or not to join the Greater Manchester, Cheshire East, Cheshire West and Chester Business Rates Pool as set out in section 5 of the report.

None