Decision details

Calculation of Business Rates 2021/22, Council Tax Base for 2021/22 and the projected Collection Fund Surplus/Deficit for 2020/21

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

To approve the calculation of the Council Taxbase for 2021/22

To delegate authority to the Cabinet Member and Chief Financial Officer to complete and certify the NNDR1 for 2021/22 on behalf of the Council.

To note the projected Council Tax and Business Rates Collection Fund surplus or deficit for 2020/21.

Decision:

The Cabinet

 

1.1     Approved in accordance with the relevant legislation and regulations, the Council Taxbase (Band D residential properties) for Lichfield District for the financial year 2021/22 of 38,891.4.

 

1.2     Noted the estimated Council Tax Collection fund Deficit of £1,322,000 and the estimated Business Rates Collection Fund Deficit of £14,627,000 for 2020/21.

 

1.3     Delegated authority to the Cabinet Member for Finance, Procurement, Customer Services and Revenues & Benefits and the Chief Financial Officer (Section 151) to:

 

·       Complete and certify the NNDR1 for 2021/22 on behalf of the Council.

·       Update the Council Taxbase for 2021/22 and Collection Fund projections for 2020/21 in the event of changes to guidance or the need for significant changes to underlying assumptions.

Report author: Anthony Thomas

Publication date: 02/12/2020

Date of decision: 01/12/2020

Decided at meeting: 01/12/2020 - Cabinet

Accompanying Documents: