Issue - meetings
Discretionary rate relief
Meeting: 28/11/2019 - Executive (Item 670)
670 Discretionary Rate Relief 
PDF 173 KB
Additional documents:
- Appendix 1 - Islington DRR Policy 2019, item 670
PDF 216 KB
- Appendix 2 - DRR Resident Impact Assessment, item 670
PDF 170 KB
Decision:
AGREED RECOMMENDATIONS
Reason for decision – as specified in the report.
Other options considered - none.
Conflicts of interest/dispensations granted – none.
Minutes:
RESOLVED:
2.1 That the attached
Discretionary Rate Relief Policy covering the period 2020-23
(Appendix 1) be adopted.
2.2 That an annual limit to the value of Discretionary Rate Relief awards provided through this scheme at £1.36 million per annum throughout the period 2020/21 to 2022/23, representing £410,000 of foregone income per annum to the Council be agreed
2.3 The opening of applications for Discretionary Rate Relief in December 2019 be agreed.
Reason for decision – Awarding discretionary rate relief to not-for-profit bodies or other organisations providing a community or social benefit is cost effective way of supporting local organisations delivering the commitments set out in our Corporate Plan.
Other options considered - none.
Conflicts of interest/dispensations granted – none.