Issue - meetings

Business Rates Retention (Pilot) Projects Update

Meeting: 22/01/2020 - Policy and Resources Committee (Item 134)

134 Business Rates Retention (Pilot) Projects Update pdf icon PDF 195 KB

Minutes:

The Interim Head of Finance introduced his report on the Business Rates Retention Pilot, stating the following:

 

·  13 projects were agreed in 2018/19, with the completed schemes shown in Appendix 1; and

·  The success of the pilot scheme led to additional funds being made available and further schemes were agreed in July 2019, leading to a total of 16 schemes.

 

In response to a question from a Member, Director of Finance and Business Improvement replied that in appraising the Archbishops Palace, the stables may be considered if necessary, but that it was not a primary purpose of the appraisal.

 

RESOLVED:  That

 

1.  The further progress with the 2018/19 BRR pilot projects (Paragraph 2.5, including Appendix 1) be noted; and

 

2.  The progress with the 2019/20 BRR pilot projects (Paragraph 2.14, including Appendix 2) be noted.