Deputy Leader of the Council and Cabinet Member for Finance

To note the report and:

i)              Approve the Council Tax base for the whole of the Borough area, for 2024/25 at 69,742.5 as detailed in this report and appendices. This is a decrease of 507.7 over the 2023/24 base, a 0.72% decrease.

ii)             Note a Council Tax collection rate of 98.5% for 2024/25.

iii)           Note an estimated deficit on the Council Tax Collection Fund in 2023/24 of £0.801m of which the Council’s share is £0.633m.

AGREED: That Cabinet noted the report and:

i)               Approved the Council Tax base for the whole of the Borough area, for 2024/25 at 69,742.5 as detailed in the report and appendices. This was a decrease of 507.7 over the 2023/24 base, a 0.72% decrease.

ii)             Noted a Council Tax collection rate of 98.5% for 2024/25.

iii)            Noted an estimated deficit on the Council Tax Collection Fund in 2023/24 of £0.801m of which the Council’s share was £0.633m

Councillor Jones introduced the report by saying that the objective of the report was to reset the Council’s tax base to a more realistic level, which was because the borough predicted that they would be in receipt of less income. She said that this was a legacy issue and that action now needed to be taken. She ended her submission by outlining the recommendations that were before Cabinet.

AGREED: That Cabinet noted the report and:

i)               Approved the Council Tax base for the whole of the Borough area, for 2024/25 at 69,742.5 as detailed in the report and appendices. This was a decrease of 507.7 over the 2023/24 base, a 0.72% decrease.

ii)             Noted a Council Tax collection rate of 98.5% for 2024/25.

iii)            Noted an estimated deficit on the Council Tax Collection Fund in 2023/24 of £0.801m of which the Council’s share was £0.633m