Issue - meetings

Council Tax 2021/22

 

 

Meeting: 22/02/2021 - Executive (Item 75)

75 Council Tax 2021/22 pdf icon PDF 151 KB

Minutes:

Purpose of Report

 

In light of the report on the Medium Term Financial Strategy, which appeared elsewhere on this agenda, the report set out the City Council’s Council Tax requirement and, together with the requirements of the County Council and the Police and Crime Commissioner, allowed Members to make a formal recommendation to Council for the overall levels of Council Tax for 2021/22.

 

Decision

 

That Council be recommended to:

 

1)        Accept the 4 January 2021 Executive recommendation that the Council Tax Base for 2021/22, as calculated in accordance with The Local Authorities (Calculation of Council Tax Base) (England) Regulations 2012, be 24,372.38.

 

2)        Calculate the following amounts for the year 2021/22 in accordance with Sections 31 to 36 of the Local Government Finance Act 1992:

 

a)

£116,497,330

being the aggregate of the amounts which the Council estimates for the items set out in Section 31A(2) of the Act taking into account all precepts issued to it by Parish Councils.

 

b)

 

£109,541,700

 

being the aggregate of the amounts which the Council estimates for the items set out in Section 31A(3) of the Act.

                                                                        

c)

£6,955,630

being the amount by which the aggregate at 2(a) above exceeds the aggregate at 2(b) above, calculated by the Council in accordance with Section 31A(4) of the Act as its Council Tax requirement for the year. (Item R in the formula in Section 31A (4) of the Act).

 

d)

£285.39

being the amount at 2(c) above (Item R), all divided by Item T (1 above), calculated by the Council, in accordance with Section 31B(1) of the Act, as the basic amount of its Council Tax for the year (including Parish precepts).

 

e)

£0

being the aggregate amount of all special items (Parish precepts) referred to in Section 34(1) of the Act

 

f)

£285.39

being the amount at 2(c) above less the amount at 2(e) above, all divided by the amount at 1 above, calculated by the Council in accordance with Section 33(1) of the Act, as the basic amount of its Council Tax for the year

 

g)

City of Lincoln Council

 

A

 

B

 

C

 

D

£190.26

£221.97

£253.68

£285.39

E

F

G

H

£348.81

£412.23

£475.65

£570.78

 

being the amounts given by multiplying the amount at 2f) above by the number which, in proportion set out in Section 5(1) of the Act, is applicable to dwellings listed in a particular band divided by the number which in proportion is applicable to dwellings listed in Valuation Band D, calculated by the Council, in accordance with Section 36(1) of the Act, as the amounts to be taken for the year in respect of categories of dwellings listed in different bands.

 

3)    That it be noted that for the year 2021/22 Lincolnshire County Council have provisionally stated the following amounts in precepts issued to the Council, in accordance with the dwelling bandings shown below:

 

 

Lincolnshire County Council

 

A

B

C

D

£909.44

£1,061.01

£1,212.59

£1,364.16

E

F

G

H

£1,667.31

£1,970.45

£2,273.60

£2,728.32

 

4)    That it be noted that  ...  view the full minutes text for item 75