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Details

Status:
Implemented
Title:
Business Rates Income 2017/18
Include item on Forward Plan/ Key Decision
Yes
Reference:
002712/2017
Urgent Decision - Not in Forward Plan
No
Details for Agenda Sheet
Report of Strategic Director - Finance & Legal
Implementation Date (not before meeting on)
Tue 24 Jan 2017
Purpose
This report seeks approval for the Budgeted Resource from Business Rates Income for 2017/18 for the City Council, this is an important part of the calculation for next year's budget.
Key Portfolio
OLD - Children, Families and Schools
Decision Maker
Cabinet
Chief Officer Decision Maker
1 Diamond
Reason For Key Decision
Approval of Business Rates Income is a significant step in determining the overall resources available to the Council from business rates when setting the 2017/18 budget.
Relevant Documents
Decision Type:
Committee
Decision Maker:
Cabinet
Directorate
Other Information
Private Reason
Decision Outcome
On 24 January 2017, Cabinet:- (i) approved the Business Rates Income for 2017/18 for Birmingham, as per report Appendices 1 and 2, whether or not the West Midlands Local Authorities enter into a 100% business rates pilot; (ii) noted that, in the event that the Council becomes part of the Pilot, the 2017/18 business rates income for Birmingham will be as shown in report Appendix 1. This assumes 99% of the total business rates yield is retained by the City Council under the 100% Business Rates Pilot scheme effective from 1 April 2017. The West Midlands Fire and Rescue Authority will continue to receive 1%; (iii) noted that, in the event that the Pilot does not go ahead as planned, the 2017/18 business rates income for Birmingham will be as shown in report Appendix 2. This assumes 49% of the total business rates yield is retained by the City Council under the current scheme. The West Midlands Fire and Rescue Authority will continue to receive 1% and Central Government 50%. THE DEADLINE FOR CALL IN IS 1600 HOURS ON MONDAY 30 JANUARY 2017.
Is the Decision Maker Aware of the Decision:
No
Is the Head of Services Aware of the Decision:
No
Is Decision County Wide:
No
Would the recommended decision be contrary to the budget and policy framework:
No
Decision Options:

Additional Information

Reg 10
Reg 11

Decision Criteria

This Decision does not contain any decision criteria records.

Wards

(OLD) Acocks Green; (OLD) Aston; (OLD) Bartley Green; (OLD) Billesley; (OLD) Bordesley Green; (OLD) Bournville; (OLD) Brandwood; (OLD) Edgbaston; (OLD) Erdington; (OLD) Hall Green; (OLD) Handsworth Wood; (OLD) Harborne; (OLD) Hodge Hill; (OLD) Kings Norton; (OLD) Kingstanding; (OLD) Ladywood; (OLD) Longbridge; (OLD) Lozells and East Handsworth; (OLD) Moseley and Kings Heath; (OLD) Nechells; (OLD) Northfield; (OLD) Oscott; (OLD) Perry Barr; (OLD) Quinton; (OLD) Selly Oak; (OLD) Shard End; (OLD) Sheldon; (OLD) Soho; (OLD) South Yardley; (OLD) Sparkbrook; (OLD) Springfield; (OLD) Stechford and Yardley North; (OLD) Stockland Green; (OLD) Sutton Four Oaks; (OLD) Sutton New Hall; (OLD) Sutton Trinity; (OLD) Sutton Vesey; (OLD) Tyburn; (OLD) Washwood Heath; (OLD) Weoley

Topics

This Decision does not contain any Topic records

Overview and Scrutiny

Corporate Resources and Governance Overview and Scrutiny Committee

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Decision History

Date & Time CreatedUser Full NameStatus DescriptionDetails
 Page 1 of 6, items 1 to 10 of 52.
27/10/2016 14:18:33Carole WoodBusiness Item Created 
27/10/2016 14:18:33Carole WoodCommittee AddedCabinet
27/10/2016 14:18:34Carole WoodMeeting Added24/01/2017 10:00AM
27/10/2016 14:18:34Carole WoodOS Committee AddedCorporate Resources and Governance Overview and Scrutiny Committee
27/10/2016 14:18:52Carole WoodStatus ChangedDecision Proposed [2]
27/10/2016 14:20:45Carole WoodContacts Edited 
27/10/2016 14:27:00Carole WoodGeneral Details Edited 
27/10/2016 14:42:26Carole WoodGeneral Details Edited 
27/10/2016 14:42:51Carole WoodWard AddedAcocks Green
27/10/2016 14:42:51Carole WoodWard AddedAston

Approval/Comments

No history found.