Business Rates Pilot announced

Worcestershire is expected to receive around an additional £4 million to help to reduce demand in social care across the county.
Worcestershire is expected to receive around an additional £4 million to help to reduce demand in social care across the county.
Published Wednesday, 12th December 2018

Worcestershire is expected to receive around an additional £4 million to help to reduce demand in social care across the county.

In an announcement made today by James Brokenshire MP, the Secretary of State for Housing Communities and Local Government, Worcestershire's bid for a one year 75% Business Rates pilot was given the go ahead. 

The pilot means that more money from business rates gathered in Worcestershire next year will remain in the county.

Working together with Worcestershire's six district councils, the County Council will invest the extra funds from the pilot into services that prevent or reduce the cost of social care.

Councillor Simon Geraghty, the Leader of Worcestershire County Council, said:
"This announcement is really good news. It will mean that more of the business rates that we collect in Worcestershire will stay in Worcestershire for our residents. These are challenging financial times for all councils who have responsibility for caring for the most vulnerable in our society and working with our district council colleagues we will now be able to invest millions of pounds more into social care. We plan to invest this additional money into limiting increases in social care costs in Worcestershire. It will help us to build stronger connected communities that foster a responsibility to the most vulnerable in our society."

Detailed proposals for how the money will be allocated will follow.

The announcement was made in parliament at the same time that the Council's Cabinet met and approved for consultation the Council's draft budget for 2019/20.