Agenda item

Report of the Chamberlain.

The Committee considered a report of the Chamberlain which provided an update on the work of the Financial Services Divisions over the previous quarter.

The Chamberlain explained that a question had been asked by a Member at a previous meeting regarding the collection of business rates. Members were advised that the target of 99.75% collection was of business rates net of write offs, and collection against total debit was a target that would be added to future reports. The Committee was advised that the Corporation’s current performance in this measurement was 98.6% collection, against a national average of 97% and an Inner London average of 95.7%.

RESOLVED – That the Committee notes the report.