Decisions for issue Business Rates Retention Forecast 2022/23

RESOLVED: That the Committee –

(i)             Noted that the amount forecast to be received by the council in 2022/23 from its share of local business rates and section 31 Local Government Act 2003 compensation grants is £71.432m, based on the latest data;

(ii)            Delegated the agreement of the final business rates forecast and the NNDR1 2021/22 form to the Chief Finance Officer following consultation with the Chair of this Committee for the reasons given in paragraph 1.2.