The Annual Business Rates Consultation Meeting of Staffordshire Council was scheduled to discuss the council's approach to business rates and its financial outlook. The meeting's agenda included a review of the current business rates system and potential adjustments, alongside an update on the council's Medium Term Financial Strategy (MTFS).

Annual Business Rates Consultation

The primary focus of the meeting was scheduled to be a consultation on the council's approach to business rates. This would involve a review of the current system and consideration of potential changes. The report pack indicated that the council would be looking at how business rates are applied and whether any adjustments might be beneficial for local businesses and the council's revenue. The consultation aimed to gather feedback and inform future decisions regarding business rate policies.

Medium Term Financial Strategy (MTFS) Update

Attendees were also scheduled to receive an update on the council's Medium Term Financial Strategy (MTFS). This strategy outlines the council's financial plans and projections over a period of several years. The update would likely cover the current financial position, anticipated income and expenditure, and any potential challenges or opportunities that could impact the council's finances. This forms a crucial part of the council's planning to ensure financial stability and the effective delivery of services.

Economy, Employment and Skills Update

A further item on the agenda was an update on the council's work in the areas of economy, employment, and skills. This would likely cover initiatives and progress made in supporting local businesses, fostering job creation, and developing the skills of the local workforce. Such updates are important for understanding the council's broader economic development agenda and its impact on the community.