Decision details

Council Tax Base and Collection Rate 2024/25 and Delegation of the Business Rate Estimate

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

This report is a statutory requirement that sets the council tax base for the purposes of the 2024/25 revenue budget.

Decision:

That Cabinet agrees to refer this report to Full Council and recommend approval by Full Council for the financial year 2024/25 of:

 

a.            The estimated numbers of properties for each Valuation Band as set out in this report.

 

b.            An estimated collection rate of 97.0%.

 

c.            The Council Tax Base of 86,113 Band “D” equivalent properties.

 

d.            The delegation of authority to the Strategic Director of Finance to determine the business rates tax base for 2024/25.

 

e.              That the Council charge the full relevant Council Tax premium allowed on dwellings unoccupied and substantially unfurnished for a continuous period of at least one year and properties designated as second homes, as soon as the legislation allows.

Report author: Jamie Mullins

Publication date: 16/01/2024

Date of decision: 15/01/2024

Decided at meeting: 15/01/2024 - Cabinet

Effective from: 20/01/2024

Accompanying Documents: