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 2023/24 of 40,534.4.
1.2. Noted the estimated Council Tax Collection fund Surplus of (£516,000) and the estimated Business Rates Collection Fund Surplus of (£606,000) for 2022/23.
1.3. Delegated authority to the Cabinet Member for Finance & Commissioning and the Chief Financial Officer (Section 151) to:
· Complete and certify the NNDR1 for 2023/24 on behalf of the Council.
· Update the Council Taxbase for 2023/24 and Collection Fund projections for 2022/23 in the event of changes to guidance or the need for significant changes to underlying assumptions.