Issue - meetings

Report of the Head of Corporate Finance and ICT

Further to Minute No. 41 of the meeting held on 28 March 2012, the Head of Corporate Finance and ICT submitted a report on the methodology for determining the target level of provision for Business Rate Debts and the proposed changes to the process for the collection of business rates by local authorities, which would be implemented by the Government in 2013/14.

The Head of Corporate Finance and ICT reported that the Council had achieved a Council Tax collection rate of 97.1% for 2011/12 in comparison to the national metropolitan council rate of 96% and achieved a Non Domestic Rate collection rate of 97.8% for 2011/12 in comparison to the national metropolitan council rate of 96.8%.

RESOLVED: That:

(1)       the report be noted; and

(2)       the Head of Corporate Finance and ICT submit a further report on the proposed changes to the process for the collection of business rates by      local authorities when the details of the new scheme have been   published by the Government.