Decision details

To approve the proposed Commuted Sum Policy.

RESOLVED that Cabinet:-

1.    Approves the Commuted Sum Policy as outlined in this report; and

2.    Approves that the implementation date for the commuted sums and new fees / charges is 1 December 2022; and

3.    Gives delegated authority to the Executive Director (Growth & Sustainability), and Service Director Finance - (S151 Officer), in consultation with the Cabinet Member for Environment & Transport, to agree fees and charges which vary from the standard inflation clause, if the cost base changes or new services are introduced and that this can be done at 6 month intervals if external factors influence the cost base significantly throughout the financial year.