Issue - meetings

National Non Domestic Rates Base 2023/24

Meeting: 16/01/2023 - Cabinet Executive (Item 162)

162 National Non Domestic Rates Base 2023/24 pdf icon PDF 226 KB

To consider the report of the Finance Group Manager (enclosed)

Decision:

DECISIONS

 

1.    That the amount calculated by Blaby District Council as its National Non-Domestic Rate Base for the financial year 2023/24 shall be £48,831,009.

 

2.    That delegated authority is given to the Executive Director (Section 151) in consultation with the Portfolio Holder to make amendments, if required, to the draft National Non-Domestic Rate Base prior to submission of the NNDR1 return by 31st January 2023.

 

 

Reasons:

 

1.    The Council has a statutory obligation to set its National Non-Domestic Rate (NNDR) Base for 2023/24 by 31st January 2023.

 

2.    It is appropriate for the Executive Director (Section 151) to have authority to amend the National Non-Domestic Rate Base in line with the finalised NNDR1 submission, to ensure that all known factors are taken into account.

Minutes:

Considered – Report of the Finance Group Manager.

 

Other options considered: None. The setting of the NNDR Base is a statutory requirement.