The Chief Officer, Financial Services submitted a report which set out the Council’s projected financial health position for 2017/18, as at month 9 of the financial year.
Emphasis was placed upon the extent of the impact that variations in the total rateable value of business properties in Leeds could have upon the Council, when considering the potential levels of income that the Council received from Business Rates. It was highlighted that this needed to be an area which continued to be monitored.
RESOLVED – That the projected financial health position of the Authority, as at month 9 of the financial year, be noted.