Issue - meetings

Purpose of Report

To provide the Executive with an opportunity to review the City Council’s council tax requirement, together with the requirements of the County Council and Police and Crime Commissioner and consider making a formal recommendation to Council for the overall levels of Council Tax for 2018/19.

Decision

That the Executive:

(1)       Recommends to Council that the council tax base for 2018/19, as calculated in accordance with the Local Authorities (Calculation of Council Tax Base) (England) Regulations 2012, be 23,943.

(2)       Recommends to Council that the amounts set out in paragraph 6.1 of the report be calculated for the year 2018/19 in accordance with Sections 31 to 36 of the Local Government Finance Act 1992.

Alternative Options Considered and Rejected

None.

Reason for Decision

The net general fund budget requirement, as set out in the Medium Term Financial Strategy, totalled £14,276,460 which included a contribution to balances of £288,360.

For 2018/19 it was proposed that a council tax increase of 2.95% be applied.

The council tax requirement for 2018/19 was noted as being £6,393,490.

It was reported that, by reference to Band D level, the 2018/19 council tax would rise by £7.65 to £267.03 per annum, with the ranges of council tax for each band set out in paragraph 2.4 of the report. In addition, the requirements of the County Council and Police and Crime Commissioner were outlined in paragraph 3.1 of the report.