Recommendations
It is recommended that:
5.1 The Portfolio Holder approves the submission of a bid to become
a Business Rates Retention Pilot for 2019/20 in conjunction with
all Nottinghamshire District/ Borough Councils, Nottingham City
Council, Nottinghamshire County Council, and the Nottinghamshire
Fire and Rescue Authority;
5.2 Delegated authority be given to the Deputy Chief Executive and
Director of Finance, in consultation with the Portfolio Holder for
Resources and Reputation, to confirm the Council’s
participation in the proposed pooling arrangement following the
announcement of the Local Government Finance Settlement in December
2018, provided that it is considered in the best interests of the
Council;
5.3 Subject to the proposed pool being confirmed as being in the
best interests of the Council the Portfolio Holder is asked to
approve that delegated authority be given to the Deputy Chief
Executive and Director of Finance to agree the final governance
arrangements for the pool.