Decision details

NNDR Pooling

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To review the potential for establishing a Business Rates Pooling arrangement for Breckland Council jointly with Norfolk County Council and other Norfolk District Councils.

Decision:

To support in principle that Breckland Council joins a Business Rates Pool with Norfolk County Council and other Norfolk District Councils; subject to further negotiation of the detailed financial and governance arrangements.

Reasons for the decision:

To meet the Department for Communities and Local Government (DCLG) deadline of 31 October 2013 to apply for a Business Rates Pool; and

 

To maximise the amount of additional business rates income generated in Norfolk and re-invested in the Norfolk economy.

Alternative options considered:

Option 1

 

To support that in principle Breckland Council agrees to join a Business Rates Pool with Norfolk County Council and other Norfolk District Councils; subject to further negotiation of the detailed financial and governance arrangements.

 

Option 2

 

Not to support that in principle Breckland Councils agrees to join a Business Rates Pool with Norfolk County Council and other Norfolk District Councils.

Report author: Mark Finch

Publication date: 31/10/2013

Date of decision: 29/10/2013

Decided at meeting: 29/10/2013 - Cabinet

Effective from: 08/11/2013

Accompanying Documents: