BARNSLEY Council will receive about £25m from local business rates during the upcoming financial year.
Local authorities retain 49 per cent of all cash collected in the area, which is estimated to be £25.4m in 2022/23.
Half of the rates are paid to central government and the remaining one per cent is paid to the local fire authority.
The report added: “The business rate baseline remains extremely volatile and remains particularly vulnerable ongoing as a result of the impact of Covid-19 and Brexit.”