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 31st 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 31st January 2013.
Decision type: Key
Reason Key: Significantly affecting two or more electoral wards;
Decision status: Recommendations Approved
Decision due: Not before 13th Nov 2012 by Cabinet
- Meeting will be open to the public
Lead member: Councillor David Seaton, Cabinet Member for Finance david.seaton@peterborough.gov.uk
Lead director: Executive Director - Strategic Resources
Department: Corporate Services
Contact: Steven Pilsworth, Service Director Financial Services Email: Steven.Pilsworth@peterborough.gov.uk Tel: 01733 384564.
Consultation process
Internal and external stakeholders as appropriate.
Relevant Scrutiny Committee: Sustainable Growth and Environment Capital
Meeting Open to Public: Yes