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Business Rates Retention - Pilot (urgent item)
Meeting: 04/10/2016 - Cabinet (Item 14.)
14. 100% Business Rates Retention Pilot (urgent item) PDF 124 KB
Report to be published as soon as available
Additional documents:
Decision:
1. Subject to the West of England devolution arrangements being implemented, approved in principle Bristol joining a 100% business rate retention pilot with B&NES and South Gloucestershire in 2017-18, subject to the Cabinet Member for Finance Governance and Performance and the Interim Service Director Finance (S151 Officer) being satisfied as to the terms relating to the pilot.
2. Delegated the final decision on the terms of the pilot to the Interim Service Director Finance & S151 Officer in consultation with the Cabinet Member for Finance, Governance and Performance, following DCLG issuing a detailed proposal later in September 2016.
3. Approved the funding streams that are proposed as detailed in Table 4 for the 100% business rate retention pilot.