Decision details

The Cabinet will be asked to approve a new discretionary Business Rates Relief Scheme, which will include the methodology and financial implications.  This proposes to be a joint scheme with St Edmundsbury Borough Council.

RESOLVED:

That:-

1.           The principles of the Scheme and the Guidelines, as set out in Appendix A to Report No: CAB/FH/17/033, be approved.

2.           Delegated authority be given to the Assistant Director (Resources and Performance), in consultation with the Portfolio Holders for Planning and Growth and for Resources and Performance, to agree the Scheme guidance for 2018/19 onwards, in line with the funding available and any feedback from businesses from 2017/2018 Scheme.