Decision details

2024/25 Business Rates - Calculation of the Authority's Local Share (Cab.10.1.2024/8)

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

This report sets out the 2024/25 estimated Business Rate Local Share for the Council that is built into the 2024/25 budget and outlines the process for calculating the National Non-Domestic Rates Return (NNDR).

Decision:

RESOLVED that Cabinet:-

 

1.    Note the process for estimating the retained Business Rate Local Share for 2024/25 and agree that the ‘local share’ for Barnsley will be £32.089M (excluding S31 Grants) in line with the Council’s Medium-Term Financial Strategy (MTFS) and;

 

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

Publication date: 10/01/2024

Date of decision: 10/01/2024

Decided at meeting: 10/01/2024 - Cabinet

Effective from: 17/01/2024

Accompanying Documents: