Finance Secretary John Swinney announced a review of business rates and reaffirmed the Scottish government's commitment to match rates in Scotland to those in England, during a statement on the Local Government Finance Settlement 2013-14 on 27 November 2012.
Mr Swinney told MSPs there would now be a revaluation in 2017 instead of 2015, to keep in line with the UK government.
He said the total support for local government in 2013-14 would amount to over £9.9 billion, which included revenue and capital funding along with income raised from business rates, adding that represented an increase in funding of £35.2 million on a comparable basis with 2012-13
The package being offered to local authorities is conditional.
Although it has been agreed between the Scottish government and COSLA's leadership in principle, it is now up to individual authorities to decide whether they wish to accept it.
If they accept, they will receive their needs based share of the overall revenue funding.
If they choose not to accept it, they will not receive their full share of the package of resources.
The conditional amount of the overall package is worth in total £109 million across the whole of local government and includes £70 million for the council tax freeze and £39 million for the teacher commitments.
Scottish Labour's local government spokesperson Sarah Boyack said she was disappointed with the contents of the statement, saying it would be tough across Scotland and asked how many jobs will be lost in local authorities over the next 12 months.
Mr Swinney said he had delivered a strong series of financial settlements to local authorities and their allocation of resources had grown at a faster rate that of the Scottish government.