Decision Maker: Greater Manchester Combined Authority
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
1. That the comments of the Overview and Scrutiny Committee be received and noted.
2. That the GMCA record its thanks to the GMCA Finance Team.
3. That the forecast, as at the end of quarter 3, for 2023/24 business rates income be noted.
4. That the planned income for 2024/25 be noted.
5. That the proposed 2024/25 Greater Manchester use of the 2023/24 business rates income be approved.
6. That the position in respect of the future developments in relation to retained business rates be noted, including
· Trailblazer Devolution (TDD) 10-year business rates retention scheme.
· TDD Growth Zones enhanced business rates areas.
· Investment Zone enhanced business rates areas.
· GM partial reset
Future approach to GM investment
Publication date: 25/03/2024
Date of decision: 22/03/2024
Decided at meeting: 22/03/2024 - Greater Manchester Combined Authority
Effective from: 04/04/2024
Accompanying Documents: