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:

     

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