Issue - decisions

The Executive, at its meeting on 16 December 2014, delegated the decision as to whether or not to join the Pool to the Corporate Director, Corporate and Support Services in consultation with the Executive Councillor (Corporate, Customer and Community Services).

The final decision to join the Pool was deferred as the Council’s forecast of business rates for 2015/16 had not been fully finalised in December 2014 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 Executive on 16 December 2014 is now confirmed and a decision to join the Pool can now be formalised.

The Executive considered a forecast for the outturn position of the Council Tax Collection Fund for 2014/15 as well as the projected Council Tax Base for 2015/16, and presenting a forecast for Business Rates income for 2015/16 and has agreed that

·                a forecast Collection Fund surplus relating to Council Tax Revenues of £3.050m for 2014/15 and a forecast Collection Fund surplus relating to Business Rates of £0.273m be declared;

·                the Council Tax Base for 2015/16 at a Band D equivalent figure of 89,500.5be approved;

·                the forecast for Business Rates Income of £90.515m for 2015/16 be provisionally approved.

and has delegated to the Corporate Director for Corporate and Support Services, in consultation with the Executive Councillor (Corporate, Customer & Community Services) the following decisions:

·                any decision to vary the Business Rates forecast presented at paragraphs 4.9 to 4.12 of the report;

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