URL: https://wolverhampton.moderngov.co.uk/ieDecisionDetails.aspx?ID=9808

Decision Maker: Cabinet Member for Resident Services

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Purpose: Temporary Rent reduction

Content: 1.      Approved a temporary reduction of 25% in Fees and Charges for Bilson Market rents for 22 weeks from 4 August 2025 to 27 June 2026 at an estimated cost to the Council of up to £175,000 of lost income.  2.      Approved an allocation of up to £175,000 from the Our City Our Plan Reserve to mitigate the reduced income anticipated from the temporary reduction in fees and charges for the Bilston Market rental income.  

Date of Decision: August 4, 2025