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Staffordshire Pilot for 100% Business Rates Retention in 2018/19

Meeting: 19/10/2017 - Cabinet (Item 48)

48 Staffordshire Pilot for 100% Business Rates Retention in 2018/19 pdf icon PDF 313 KB

(Report of the Portfolio Holder for Assets and Finance)

Additional documents:

Minutes:

Report of the Portfolio Holder for Assets and Finance to provide Cabinet with details of the potential for the Council to participate in a Business Rates Pilot in 2018/19 and to outline the Business Case and relevant risks and rewards from pilot arrangements.  The report will also update Members on the implications to existing pooling, and membership of Local Enterprise Partnerships, resulting from membership of a pilot and present the draft governance arrangements (Memorandum of Understanding) for the new pool.  The report notes the “No Detriment “requirements of the pilot application. 

 

RESOLVED:

That approval was granted for the participation in the Expression of Interest to form a Staffordshire and Stoke on Trent Pool based upon piloting the 100% Business Rates Scheme based upon all eleven Authorities covering the full Staffordshire Geography.

Subject to

a)    Notifying the GBSLEP pool of the Council’s intention to be part of a pilot application and if successful leave that pool;

 

b)    in the event of the pilot application not being successful, continue membership of the GBSLEP pool;

 

c)    in the event of the pilot application being successful, continue to support a GBSLEP ‘virtual’ pool through a voluntary contribution;

 

and

 

d)     in the event of the pilot application not being successful and the GBSLEP pool being dissolved, take appropriate action to join the Stoke-on-Trent and Staffordshire Pool.

 

 

Authorising the Chief Operating Officer and Section 151

Officer in consultation with the Leader and Portfolio Holder to submit a firm Expression of Interest to be a member of one of the above pools.

 

 

(Moved 5 votes to 1 by Councillor R Pritchard and seconded by Councillor D Cook)