Decision details

Business Rate Pooling 2025/26

Decision Maker: Full Council

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

To agree to joining the Hertfordshire Business Rate Pool for 2025/26

Decisions:

Alison Scott, Director of Finance, introduced the report.

 

The committee debated the risks of business rates appeals across the county, previous risks presented by Three Rivers District Council relating to the Warner Brothers site, and the possible composition of rates pools. Officers confirmed that Three Rivers District Council could only join a pool which had the County Council as a member.

 

RESOLVED:  

 

That Policy & Resources Committee recommends to Full Council:

 

  1. That Council agrees in principle that Three Rivers District Council enters into the Hertfordshire Business Rates Pool, subject to the Government accepting its application to form a pool.
  2. That Council delegates authority to the Chief Executive and the Director of Finance to sign up to the Hertfordshire Business Rates Pool, within 28 days of the Local Government Finance Settlement.

 

Report author: Alison Scott

Publication date: 16/01/2025

Date of decision: 02/12/2024

Decided at meeting: 02/12/2024 - Policy and Resources Committee

Accompanying Documents: