Decision details

Council was informed of the results of the consultation exercise in relation to the New Homes Bonus (NHB) and process for allocation of funds. Members welcomed the recommendation to transfer 25% of the total annual allocation to relevant parish councils, and it was noted that HBBC was the only district in Leicestershire which was taking such a step at this point.

On the motion of Mr Lynch, seconded by Mr Crooks, it was

RESOLVED – the report be endorsed and the following recommendations be agreed:

(i)         only those parishes subject to new homes development will receive NHB;

(ii)        the mechanism for calculating NHB be the number of new council tax accounts initiated in the previous 12 months;

(iii)       25% of the annual allocation to the Borough Council be transferred to the relevant parish councils;

(iv)       funds be allocated to the relevant parish council (with ‘no strings’);

(v)        funds be rolled over year on year if necessary;

(vi)       an annual report be presented by both the Borough Council and parish councils detailing how NHB has been spent;

(vii)      the allocation of 2010/11 NHB be undertaken as set out in paragraph 5.2 of the report.