Issue - meetings
Tax Base Calculation
Meeting: 04/01/2022 - Cabinet (Item 123)
123 Tax Base Calculation (1-35-47) 
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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.
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 Cabinet Member for Finance outlined the contents of the report stating that this was an annual calculation to determine the tax base forecast.
Consideration was given to long term empty properties and whether the tax increase mentioned was the maximum that could be considered – it was confirmed that this was the legislative maximum.
RECOMMENDED to Council:
1. That the calculation of the Council’s Tax Base for 2022/23 be approved in accordance with The Local Authorities (Calculation of Tax Base) (England) Regulations 2012 at 29,811.41 an increase of circa 1,217 Band D equivalent properties from the previous financial year; The increase is in the main due to a greater percentage collection than forecast in the previous year, and a reduction in forecasted CTR burden.
2. That the current collection rate of 96% be increased to 97.5% detailed in paragraph 2.
(Proposed by Cllr B A Moore and seconded by Cllr C R Slade)
Note: *Report previously circulated, copy attached to minutes.