Decision details

2023/24 Business Rates - Calculation of the Authority's Local Share (Cab.11.1.2023/8)

Decision Maker: Cabinet

Decision status: Recommendations Approved (subject to call-in)

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

This report sets out the 2023/24 estimated Business Rate Local Share for the Council that is built into the 2023/24 budget and outlines the process for calculating the National Non Domestic Rates Return (NNDR).

 

Notice under Regulation 10: Key Decision where less than 28 days’ public notice has been given.

Decision:

RESOLVED that Cabinet:-

 

1.    Notes the process for estimating the retained Business Rate Local Share for 2023/24 and agrees that the ‘local share’ for Barnsley will be £28.414M (excluding S31 Grants) in line with the Council’s Medium-Term Financial Strategy (MTFS); and

 

2.    Notes that the final submission is approved by the Service Director Finance - S151 Officer in consultation with the Cabinet Spokesperson for Core Services.

Publication date: 11/01/2023

Date of decision: 11/01/2023

Decided at meeting: 11/01/2023 - Cabinet

Accompanying Documents: