Decision details

The Borough Treasurer, in consultation with the Cabinet Member for Reform and Governance, has made the following decisions in line with the delegation from the Cabinet on 19 December 2017:

(1) For the Council to join the Greater Manchester Councils, Cheshire East Council and Cheshire West and Chester Council Business Rates Pool 2018/19.

The final decision to join the Pool was deferred by the Cabinet as the Council's forecast of Business Rates for 2018/19 had not been fully finalised in December 2017 and any material deterioration to the final forecast could have been detrimental to the above Pool arrangement. The provisional forecast of Business Rates in the report to the Cabinet on 19 December 2016 is now confirmed and a decision to join the Pool can now be formalised.

(2) For the Council to continue in the Grater Manchester 100% Business Rates Retention Pilot in 2018/19.

The 2018/19 Provisional Local Government Finance Settlement confirmed Greater Manchester as one of the Pilots in 2018/19. As a result a decision to continue in the 100% Business Rates Retention Pilot can now be formalised.

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