Decision details

Calculation of Business Rates 2022/23, Council Tax Base For 2022/23 and the Projected Collection Funded Surplus / Deficit for 2021/22

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 2022/23

To delegate authority to the Cabinet Member and Chief Financial Officer to complete and certify the NNDR1 for 2022/23 on behalf of the Council.

To note the projected Council Tax and Business Rates Collection Fund surplus or deficit for 2021/22.

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 2022/23 of 39,695.1.

 

1.2.  Noted the estimated Council Tax Collection fund Deficit of £345,080 and the estimated Business Rates Collection Fund Deficit of £7,210,000 for 2021/22.

 

1.3.    Delegated authority to the Cabinet Member for Finance, Procurement and Revenues & Benefits and the Chief Financial Officer (Section 151) to:
· Complete and certify the NNDR1 for 2022/23 on behalf of the Council.
· Update the Council Taxbase for 2022/23 and Collection Fund projections for 2021/22 in the event of changes to guidance or the need for significant changes to underlying assumptions.

 

Report author: Anthony Thomas

Publication date: 08/12/2021

Date of decision: 07/12/2021

Decided at meeting: 07/12/2021 - Cabinet

Accompanying Documents: