Decision details

Cabinet received a report that formed part of the preparation for setting the council’s budget. The report needed to be considered so that figures for the tax base, the Collection Fund and the amount of business rates to be collected could be used in setting the Council Tax and notified to other affected authorities.

Cabinet considered the report and RESOLVED to:

1.      Endorse the calculation of the Council Tax Base for 2013/14 at a level of 50,158 B and D equivalent properties;

2.      Note the updated estimated Collection Fund deficit as at 31^st March 2013 of £308,949 and

3.      Approve the use of the provisional National Non Domestic Rates 1 as the basis of the final return for 2013/14 and delegate to the Executive Director Strategic Resources responsibility for approving and returning the final return to the Secretary of State by 31^st January 2013.

The Council Tax Base could be set at a higher or lower level. However, this could have the effect or either inflating unnecessarily the amount of Council Tax to be set or setting the tax at a level insufficient to meet the Council’s budget requirements. A similar position could arise if the surplus or deficit were set at a higher or lower level.

The calculation and return of the information included in the NNDR1 is a statutory requirement which can be formally delegated to an officer.

No alternative options were available.

None.

None.