Issue - meetings

This report provides a review of the 2017/18 budget for the General Fund and the Housing Revenue Account against the forecast to 31 March 2018, based on the latest information available.

Recommendation

It is recommended that the Executive:

1.            notes the latest position against budget in 2017/18;

2.            approves the criteria for the business rate relief scheme as set out in paragraphs 6-10 and the awarding of relief under the Council’s discretionary rate relief policy, and delegates the completion of the final detailed scheme, following the receipt of Government guidance, to the Strategic Director of Finance and Resources in consultation with the Finance Portfolio Holder; and

3.         approves the award of business rate discounts to public houses as set out in paragraph 6-11 under the Council’s discretionary rate relief policy.

[Cllrs Nick Williams and Ross Welland attended the meeting and spoke on this item]

RESOLVED  that

1.            the latest position against budget in 2017/18 be noted;

2.            the criteria for the business rate relief scheme as set out in paragraphs 6-10 of the report and the awarding of relief under the Council’s discretionary rate relief policy be approved, and the completion of the final detailed scheme, following the receipt of Government guidance, be delegated to the Strategic Director of Finance and Resources in consultation with the Finance Portfolio Holder; and

3.         the award of business rate discounts to public houses be awarded as set out in paragraph 6-11 under the Council’s discretionary rate relief policy.

[Reason: to review the 2017/18 budget for the General Fund and Housing Review Account against the forecast].