Decision details

2013/2014 Pooling of Business Rates Across Greater Manchester

Decision Maker: Leader of the Council

Decision status: Recommendations approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To approve the Council’s ‘NNDR1’ submission to the Department for Communities and Local Government that includes a forecast for Non-Domestic Rates income for 2013/14.  The forecast is the basis for calculating Stockport’s forecast local share of Non-Domestic Rates income which, in turn, forms part of the Council’s budget calculations for 2013/14.

Decision:

The Leader of the Council (Policy, Reform & Finance) has agreed that Stockport not participate in the Greater Manchester Business Rates Pool as the analysis of the likely financial impact indicates it would not be advantageous to the Council.  The decision has been taken in conjunction with the other Greater Manchester authorities that were part of the Pool proposal.

 

The Leader has therefore agreed that the Department for Communities and Local Government be informed that the Council rescinds its application to join the Greater Manchester Business Rates Pool.

 

(At the meeting on 7 January 2013 the Executive had delegated authority to the Leader of the Council (Policy, Reform & Finance) to make the final decision as to whether or not to continue membership of the Greater Manchester Business Rates Pool.)

Alternative options considered:

None

Interests and Nature of Interests Declared:

None

Wards Affected: (All Wards);

Equality and/or Environmental Impact Assessment: N/A

Decision Reference: EMDLDR27

Forward Plan Reference: LDR21

Other reasons / organisations consulted

Statutory responsibility to determine

Contact: Christine Buxton, Corporate and Support Services Email: christine.buxton@stockport.gov.uk Tel: 0161-474-4124.

Publication date: 25/01/2013

Date of decision: 24/01/2013

Effective from: 01/02/2013

Accompanying Documents: