- Reference: 2013/4601
- Question by: Stephen Knight
- Meeting date: 18 December 2013
The Investment and Performance Board's latest performance report for the LB Croydon Business Rate Relief project is very poor, due to a low take up which is resulting in a forecast underspend of £370,000 from a budget of £476,000. Can you comprehensively explain why this is the case and how you plan to improve on this?