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Issue - decisions

The Economic Impact of Business Rates for York and it's City Centre

22/07/2019 - The Economic Impact of Business Rates for York and it City Centre

Resolved: That;


a)   A guide to National Non-Domestic Rates (NNDR)  and how the system for charging and collecting them works be noted.


b)   Details of the contribution that retained business rates now make to Council budgets be noted.


c)   The flexibilities that City of York Council has in terms of providing relief on those rates, our current policies and take-up levels be noted.


d)   An analysis of the specific impacts for the city centre  be noted.


e)   A consultation process is commenced with business organisations in the city for a review of locally determined policies and future representations on national policies with business rates.


Reason:     To be updated on the economic impact of Business Rates for York and its city centre.


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