Issue - decisions

Business Rates Retention Pooling

27/09/2012 - Business Rates Retention Pooling

RESOLVED that Council be recommended to:

 

  1. Agree in principle to be part of a Gloucestershire Business Rates Pool, subject to a thorough assessment of risks/rewards and agreement on satisfactory governance arrangements
  2. Subject to a) above, to approve the submission of a proposal to the Government for a Gloucestershire Pool by the 19th October deadline
  3. Delegate authority to the Section 151 Officer and Chief Executive to assess the risks/rewards and agree the business case for joining a Gloucestershire Business Rates Pool
  4. Delegate authority to the Section 151 Officer and Chief Executive, in consultation with the Borough Solicitor, Leader of the Council and the Cabinet Member for Finance, to agree the governance arrangements for the operation of a Gloucestershire Business Rates Pool.