F S207 2023/24 Overall Financial Position Report - September 2023

November 27, 2023 Cabinet (Cabinet collective) Approved View on council website
Full council record
Content

RESOLVED:
 
1. 
To approve
the 2024-25 Local London Business Rates Pool recommendations set
out in Appendix 1.

 
2. 
To note
the overall financial position of the Council as at September 2023
as set out in this report.
 
REASONS FOR DECISION
 
To facilitate financial management and control of the
Council's finances and to approve the localised pool proposal as
set out in Appendix 1.
 
DETAILS OF ALTERNATIVE OPTIONS CONSIDERED AND
REJECTED
 
This budget monitoring report is primarily an update on the
Council’s financial position. With regards to the Pooling
proposal we either enter into it or we don’t, and if we
don’t we will forgo a significant amount of income in
2024-25.

Supporting Documents

10-1 Appendix 1 - Business Rates Retention and Pooling.pdf
10 FCR S207 2023-24 Overall Financial Position - September 2023.pdf

Details

OutcomeRecommendations Approved
Decision date27 Nov 2023