Issue
Issue - decisions
Business Rates Retention Consultation
1.
That the commitment to greater devolution implicit in 100% business
rates retention be welcomed, and that it be ensured that additional
responsibilities are properly funded and are linked to local
authorities’ role in driving sustainable economic growth.
2.
That the draft response to the consultation document
‘Self-Sufficient local government: 100% Business Rates
Retention’ as set out in appendix 2 to the report of the
Director of Finance and Business Improvement be agreed subject to
the following amendments:
a.
That the first sentence of the draft response to Question 2 of the
consultation be amended to read: ‘Expenditure from national
agencies, where appropriate, should be channelled through local
authorities, which are best placed to ensure that it is invested
effectively to meet local needs.’
b.
That the draft response to Question 7 of the consultation be
amended to read: ‘We are strongly in favour of rewarding
sustainable growth.’