Decision - Business Rates Retention Forecast 2022/23

Brighton and Hove Policy & Resources Committee Decided 27 Jan 2022 for determination GET /api/coverage

Decision maker

Policy & Resources Committee

Report author

James Hengeveld

Published

31 Jan 2022

Reference

6513

As published

the council's own words, unedited

Forecast of business rates to be retained in 2022/23

RESOLVED: That the Committee – (i) Noted that the amount forecast to be received by the council in 2022/23 from its share of local business rates and section 31 Local Government Act 2003 compensation grants is £ 71.432m , based on the latest data; (ii) Delegated the agreement of the final business rates forecast and the NNDR1 2021/22 form to the Chief Finance Officer following consultation with the Chair of this Committee for the reasons given in paragraph 1.2.

Parsed from the document

gpt-5.6-luna-2026-07-09 · 3461/1328 tokens · 10081ms · parsed 9 Sep 2026 11:44

Everything below was read out of a PDF by a model It is useful and it is not authoritative. The document it came from is linked in the rail, and where the two disagree the document is right.

The committee considered the forecast for Brighton & Hove City Council’s retained business rates income for 2022/23. The forecast amount was £71.432 million, and authority was sought for the Chief Finance Officer, after consulting the Committee Chair, to agree the final forecast and NNDR1 form before the statutory deadline.

Outcome

approved

Recommendation

To note the forecast of £71.432 million to be received by the council in 2022/23 from its share of local business rates and section 31 compensation grants, and to delegate agreement of the final business rates forecast and the NNDR1 2021/22 form to the Chief Finance Officer following consultation with the Chair of the Committee.

Financial impact

Forecast business rates income, including section 31 business rates grants, of £71.432 million for 2022/23, which is £0.250 million above the earlier forecast.

Ward affected

city-wide

Decision maker

Policy & Resources Committee

Date in document

27 Jan 2022

Stakeholders named

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Brighton & Hove City Councilbusiness ratepayersEconomic PartnershipChamber of CommerceEast Sussex Fire AuthorityValuation Office AgencyMinistry for Levelling Up, Housing & CommunitiesMHCLG

Next steps

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The Chief Finance Officer will agree the final business rates forecast and NNDR1 form after consulting the Chair of the Policy & Resources Committee.
The final NNDR1 form must be submitted by 31 January 2022.
Any amendments to the final NNDR1 form will be reflected in the February budget report.
The updated 2021/22 collection fund surplus will be reported through the Targeted Budget Management month 9 and General Fund Revenue Budget reports.

Precedents

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