Issue - meetings
Tax Base Calculation
Meeting: 04/02/2021 - Cabinet (Item 308)
308 Tax Base Calculation (1-58-12) 
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To consider a report of the Deputy Chief Executive (S151) detailing the statutory calculations necessary to determine the Tax Base for the Council Tax. The calculations made follow a formula laid down in Regulations.
Minutes:
The Cabinet had before it a * report of the Deputy Chief Executive (S151) detailing the statutory calculations necessary to determine the Tax Base for the Council Tax. The calculations made follow a formula laid down in Regulations.
The officer outlined the contents of the report stating that every year each billing authority was required to calculate and approve its Band D equivalent Council Tax base. The figure for the coming year was 28,594,38 properties which amounted to £6,114,620 being raised by Council Tax for the district. The report set out the key information and the exemptions/ appeals allowance/discounts that were applicable and which impacted on the return. He added that the collection rate was normally 98% but had been reduced to 96% because of the pandemic.
RECOMMENDED to Council that:
1. That the calculation of the Council’s Tax Base for 2021/22 be approved in accordance with The Local Authorities (Calculation of Tax Base) (England) Regulations 2012 at 29,040.56 an increase of circa 206 Band D equivalent properties from the previous financial year.
2. That the current collection rate of 98% be reduced to 96% detailed in paragraph 2.
(Proposed by Cllr B A Moore and seconded by Cllr R B Evans)
Reason for decision: Mid Devon District Council is a Statutory Billing Authority and must set its Council tax each year.
Note: *Report previously circulated, copy attached to minutes.