Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Decisions:
The Cabinet had before it a
report * from the Deputy Chief Executive (S151) presenting the Tax
Base Calculations.
The Cabinet Member for
Governance, Finance and Risk outlined the contents of the report
with particular reference to the following:
- Each year the Council
had to set the Council Tax base on which it and all precepting
authorities calculated the precept. Within the calculations were
the actual number of properties in the district, the reduction due
to the Council Tax Reduction Scheme.
- The forecast growth
in properties and the likely level of collection – all of
which were converted into an Average Band D property.
- For 2025/26, the
Council projected there would be 30,732.91 Band D properties, which
was healthy growth of 510.81 on the current year and the Council
expected to collect 97.5% of the precept as in the current
year.
- The additional
funding raised through the second homes premium (c£50k)
approved in February 2024 would be earmarked for additional housing
activity / projects.
RESOLVED
that Cabinet recommend to Council that:
- That the calculation
of the Council’s Tax Base for 2025/26 in accordance with The
Local Authorities (Calculation of Tax Base) (England) Regulations
2012 at 30,732.91 an increase of circa 510.81 Band D equivalent
properties from the previous financial year be APPROVED.
- That the current
collection rate of 97.5% remain the same detailed in Section 2 be
APPROVED.
- The premium charges
in 3.7 & 3.8. The premium element of 3.7 will be used to
support additional housing activity/projects to be NOTED.
(Proposed by Cllr J Buczkowski
and seconded by Cllr D Wulff)
Reason for the decision: As
stated in the report
Note: * Report previously
circulated.
Publication date: 22/11/2024
Date of decision: 12/11/2024
Decided at meeting: 12/11/2024 - Cabinet
Accompanying Documents: