The Council is due to receive additional
‘one-off’ Business Rates income in 2018/19 (estimated
to be in excess of £640,000) as a result of its participation
in the Kent and Medway 100% Business Rates Retention pilot.
Policy and Resources Committee agreed 13 projects for funding from
this additional income at its meeting on 28th March 2018. This
report describes progress with these projects to the end of Quarter
4 of 2018/19.
A further update report to Committee will be presented on 26th June
2019, which will include the final Business Rates income received
from this initiative alongside proposals for spending an
Decision type: Non-key
Decision status: For Determination
Wards affected: (All Wards);
Decision due: 24 Apr 2019 by Policy and Resources Committee
Lead director: Director of Finance and Business Improvement
Department: Finance and Business Improvement
Contact: Mark Green, Director of Finance, Resources & Business Improvement Mark Green, 01622 602297 Email: email@example.com.