Issue - meetings

Report of Director of Resources

Purpose of report

To consider a draft response to the Government’s consultation exercise on New Homes Bonus.

Recommendations

The meeting is recommended to:

1.1         Consider the Government’s consultation document “New Homes Bonus: Sharpening the Incentive” attached at Appendix 1.

1.2         Consider the draft response to be submitted by this Council as set out in Appendix 2.

1.3         To delegate authority to the Director of Resources, in consultation with the Lead Member for Financial Management, to finalise the response for submission to the Government by 10 March 2016.

Resolved

(1)          That the Government’s consultation document “New Homes Bonus: Sharpening the Incentive” be noted.

(2)          That the draft response to be submitted by this Council (annex to the Minutes as set out in the Minute Book) be endorsed.

(3)               That authority be delegated to the Director of Resources, in consultation with the Lead Member for Financial Management, to finalise the response for submission to the Government by 10 March 2016.

The Director of Resources submitted a report which sought consideration of a draft response to the Government’s consultation exercise on New Homes Bonus.

Resolved

(1)          That the Government’s consultation document “New Homes Bonus: Sharpening the Incentive” be noted.

(2)          That the draft response to be submitted by this Council (annex to the Minutes as set out in the Minute Book) be endorsed.

(3)               That authority be delegated to the Director of Resources, in consultation with the Lead Member for Financial Management, to finalise the response for submission to the Government by 10 March 2016.

Reasons

On 17 December 2015 the Government released a consultation paper on New Homes Bonus called “New Homes Bonus: Sharpening the Incentive”. The report sets out a number of options that are being considered and seeks views on them.

It is recommended that the draft response to the consultation paper is considered and delegated authority granted to finalise the submission prior to the deadline which is 10 March 2016.

Alternative options

Executive could decide not to consider the attached draft response but this is rejected as it is in the Council’s interest to respond to such a document.