Decision Maker: Policy and Finance
Decision status: For Determination
Is Key decision?: No
Is subject to call in?: No
The Director of Resources submitted a report updating members on the Covid 19 Additional Relief Fund (CARF) and asking for a decision on what to do with the remaining funding.
Members were reminded that the fund was intended to be available to support businesses adversely affected by the pandemic that were ineligible for the existing support linked to business rates. Ribble Valley Borough Council’s allocation totalled £1,239,191.
Three application windows had taken place with 52 grant payments of 50% of the net rates payable for 2021/22 being made. Any balance on the relief monies would need to be returned to the Government.
Members discussed the options available to make use of the remaining fund monies.
RESOLVED THAT COMMITTEE:
1. Agree to award 100% of the net rates payable for the eligible applicants detailed in appendices 1,2 and 3 to the report;
2. Agree to write to DLUHC requesting that the balance of the relief be retained to help businesses adversely impacted by the cost-of-living crisis.
Report author: Averil Crowther
Publication date: 03/10/2022
Date of decision: 27/09/2022
Decided at meeting: 27/09/2022 - Policy and Finance