Issue details

100% Business Rates Retention Pilot - Update

The Council is due to receive additional business rates income, initially estimated as £640,000, for one year only in 2018/19 as a result of its participation in the Kent and Medway 100% Business Rates Retention pilot. Policy and Resources Committee agreed 13 projects for funding from this additional income at its meeting on 28 March 2018. This report describes progress with these projects to the end of quarter 2 of 2018/19.

Decision type: Non-key

Decision status: For Determination

Decision due: 23 Jan 2019 by Policy and Resources Committee

Lead director: Director of Finance and Business Improvement

Department: Finance and Business Improvement

Contact: Mark Green, Director of Finance, Resources & Business Improvement Email: markgreen@maidstone.gov.uk Email: markgreen@maidstone.gov.uk.

Public Or Private and Reason if Private: public

Agenda items

Documents

  • 100% Business Rates Retention Pilot - Update