Decision details

RESOLVED:  That having considered the information given in the report, the following be agreed:

(1)               the non domestic rates estimates (NDR) and calculations be calculated in accordance with the regulations as follows:

(2)               the above information be provided to the Secretary of State and the Greater London Authority (GLA) by 31 January 2014;

(3)               the Council's Chief Finance Officer (Section 151 Officer), be authorised, following consultation with the Portfolio Holder for Finance, to submit revised figures, from those above, to the Secretary of State and GLA by 31 January 2014, if further clarification was received from Department of Communities and Local Government (DCLG) on the financial impact of the proposed changes to the authority and how this was to be calculated.

Reason for Decision:  To fulfil the Council’s statutory obligation to provide estimates and calculations in relation to NDR for 2014?15.  To note that if the DCLG proposals, as noted in the report, were not implemented by the government, the Council's estimated NDR income figures would need revising so that they could be submitted by the 31 January 2014 deadline.

Alternative Options Considered and Rejected:  None.

Conflict of Interest relating to the matter declared by Cabinet Member / Dispensation Granted:  None.