Decision details

London Business Rates Pool 2019-20

Decision maker: Chief Executive

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

To decide whether to continue in the London Business Rates Pool and participate in the 75% retention pilot.

Decision:

The Chief Executive agreed the following recommendations:

 

i) To determine in accordance with Standing Order 14(e) that this matter is urgent and that call in should be disapplied          

 

ii) To continue in the London Business Rates Pool pursuant to 34(7)(1) of Schedule 7B Local Government Finance Act 1988 and to participate in the 75% retention pilot for the 2019-20 financial year from 1 April 2019;

 

iii) To note thatthe City of London Corporation, will continue to be the LeadAuthority, for 2019-20; 

 

Reasons for the decision:

As detailed in the accompanying report.

Alternative options considered:

As detailed in the accompanying report.

Interests and Nature of Interests Declared:

None.

Reason Key: Affects more than 2 wards;

Wards Affected: (All Wards);

Cabinet/Committee Decision or Scheme of Delegation: Decision taken by the Chief Executive under the council's urgency provisions set out in the council's constitution.

Parties Consulted: N/A

Urgent item?: Yes

Publication date: 09/01/2019

Date of decision: 09/01/2019

Accompanying Documents: