The Group considered
the report of the Head of Finance and Customer Services regarding
the expected yield from business rates in 2013/14.
The Head of Finance
and Customer Services informed the Group that the Department for
Communities and Local Government (“DCLG”), following
publication of the Agenda for this meeting, sent through amendments
to the calculations which resulted in amendments to Appendix
A. A revised Appendix A was circulated
at the meeting.
The Head of Finance
and Customer Services responded to Members’ queries
regarding, inter alia, the provision for appeals, risk management
and the legal obligations of the Council.
RESOLVED:
1.
That the calculations made for cells 21, 33 and 35 of the return to
reflect the expected position for 31 March 2014 and the resulting
yield, as set out on the Amended Appendix A to the report of the
Head of Finance and Customer Services, be noted.
2.
That the NNDR1 return, as set out in the Amended Appendix A to the
report of the Head of Finance and Customer Services, be approved
for submission to the Department for Communities and Local
Government.