Issue details

To approve membership and governance arrangements for Gloucestershire Business Rates Pool for 2025/26

 

 

Decision type: Non-key

Decision status: Recommendations Approved

Notice of proposed decision first published: 29/10/2024

Decision due: 29 Oct 2024 by Deputy Chief Executive (Section 151 Officer) - Paul Jones

Contact: Paul Jones, Deputy Chief Executive (Section 151 Officer) Email: [email protected].

Consultation process

Consultation has taken place with:
• Cllr Rowena Hay, Leader of the Council
• Cllr Alisha Lewis, Cabinet Member for Finance & Assets
• Gareth Edmundson, Chief Executive
• Claire Hughes, Monitoring Officer
• District Council S151 officers and CEXs

Finance Comments: The purpose of the Gloucestershire Pool is to share benefit and maximise the retention of business rates locally. In order that Cheltenham continues to receive benefit from the change in arrangement, the local distribution agreement will be updated. This will ensure that Cheltenham receives benefit as if it were a member of the formal business rates pool using the current allocation basis in place. The new arrangements will be reflected in the 2025/26 draft budget proposals and Medium Term Financial Strategy.

Decisions

Background papers