Issue - decisions
Business Rate Forecast 2025-26
20/02/2025 - Business Rate Forecast 2025-26
That the calculation of the Council’s
business rate forecast for the year 2025/26 as set out in this
report be approved. The total forecast Business Rate income for
2025/26 is £70.065m, of which the Council will retain
£22.905m after allowing for the required tariff payment of
£42.956m and the WoE Combined Authority and Fire Authority
shares as shown in Table 1 of the report.
2.2 That the projected surplus on the collection fund as at the end
of 2024/25 related to Business Rates is declared at £6.661m.
The Council’s share of the surplus is
£6.261m.