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Details
Business Item
Revised East Suffolk Council Local Discretionary Rate Relief Policy
Date of Decision
Tue 4 Jun 2024
Description
Report of the Cabinet Member with responsibility for Economic Development and Transport.
Matter for Decision (to consider...)
See attached report.
Service Area
Economic Development & Regeneration
Service Area 2
Not Applicable
Background Papers:
See attached report.
Is Decision District Wide
Yes
Decision Made
That Cabinet Approve the revised Local Discretionary Rate Relief policy which more strongly aligns with Our Direction 2028.
Reason for Decision
The Council’s existing LDRR policy reflects the priorities of the previous strategic plan and therefore required a revision and refresh to fully align with the updated priorities, specifically those within the Thriving Economy and Environmental Impact themes. Through this revision the Council will have a powerful incentive to attract environmentally positive business investment across the district and also within specific strategic employment sites.
Alternative Options Considered and Rejected
The Council has a choice on whether to continue offering LDRR as a business investment incentive and if not would default to the mandatory non-domestic rate relief which all Councils offer. As described above, these are centrally prescribed and do not offer flexibility in using such incentives to meet strategic plan objectives. By revising the existing LDRR policy, the Council can provide a business investment incentive which it has complete control over and can support the delivery of its Thriving Economy and Environmental Impact priorities.
Any Declarations of Interest Declared
None
Any Dispensation Granted
None
Decision Criteria
This Decision does not contain any decision criteria records.
Wards
Aldeburgh and Leiston; Beccles and Worlingham; Bungay and Wainford; Carlford and Fynn Valley; Carlton and Whitton; Carlton Colville; Deben; Eastern Felixstowe; Framlingham; Gunton and St Margarets; Halesworth and Blything; Harbour and Normanston; Kelsale and Yoxford; Kesgrave; Kessingland; Kirkley and Pakefield; Lothingland; Martlesham and Purdis Farm; Melton; Orwell and Villages; Oulton Broad; Rendlesham and Orford; Rushmere St Andrew; Saxmundham; Southwold; Western Felixstowe; Wickham Market; Woodbridge; Wrentham, Wangford and Westleton
Topics
This Decision does not contain any Topic records
Overview and Scrutiny
This Decision does not contain any Overview and Scrutiny records.
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Decision History
| 15/05/2024 16:23:27 | Matt Makin | Business Item Created | |
| 15/05/2024 16:23:27 | Matt Makin | Committee Added | Cabinet |
| 15/05/2024 16:23:27 | Matt Makin | Meeting Added | 04/06/2024 6:00PM |
| 15/05/2024 16:24:59 | Matt Makin | Ward Added | Aldeburgh and Leiston |
| 15/05/2024 16:24:59 | Matt Makin | Ward Added | Beccles and Worlingham |
| 15/05/2024 16:24:59 | Matt Makin | Ward Added | Bungay and Wainford |
| 15/05/2024 16:24:59 | Matt Makin | Ward Added | Carlford and Fynn Valley |
| 15/05/2024 16:24:59 | Matt Makin | Ward Added | Carlton and Whitton |
| 15/05/2024 16:24:59 | Matt Makin | Ward Added | Carlton Colville |
| 15/05/2024 16:24:59 | Matt Makin | Ward Added | Deben |
Approval/Comments
No history found.