Issue - meetings

To consider a report of the Director of Finance, Assets and Resources introducing the Discretionary Rate Relief policy.

The Cabinet had before it a * report of the Director of Finance, Assets and Resources introducing a new Discretionary Rate Relief Scheme.

The Cabinet Member for Finance outlined the contents of the report stating that the Government in the spring budget of 2017 had announced funding to local authorities to help those rate payers who had had an increase in their rate bills due to the 2017 revaluation; Mid Devon had been allocated the following  funding over a four year period:

2017/18 - £118,000

2018/19 -   £57,000*

2019/20 -   £24,000*

2020/21 -     £3,000*

The Local Authority had been working with a Devon wide group and partner agencies to devise a suitable scheme to meet the financial and business needs of this authority’s area.

RESOLVED that the Discretionary Rate Relief Scheme be approved.

(Proposed by Cllr P H D Hare-Scott and seconded by Cllr K I Busch)

Note: - *Report previously circulated, copy attached to minutes.