2.0 Funding
2.1: Local Authorities, subject to local eligibility, will receive funding to meet the cost of payments to businesses within the business rates system based on an assessment of the number of eligible business hereditaments.
2.2: Central Government will provide the Council with a fixed funding allocation for a specified period; for example, the Council has received £322,663 for the period 16th October 2020 to 4th November 2020. The funding level for each period is finite. Irrespective of the number of phases or the number of applications made the Council is required to limit the total awards to the level of funding available from Central Government.