Minutes:
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 2020/21.
Decision
That Council be recommended to:
(1) Accept the 6 January 2020 Executive recommendation that the Council Tax Base for 2020/21, as calculated in accordance with The Local Authorities (Calculation of Council Tax Base) (England) Regulations 2012, be 24,689.50.
(2) Calculate the following amounts for the year 2020/21 in accordance with Sections 31 to 36 of the Local Government Finance Act 1992:
being the amounts given by multiplying the amount at 2(f) 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) Note that for the year 2020/21 Lincolnshire County Council have stated the following amounts in precepts issued to the Council, in accordance with the dwelling bandings shown below:
(4) Note that for the year 2020/21 the Police and Crime Commissioner has stated the following amounts in precepts issued to the Council, in accordance with the dwelling bandings shown below:
(5) Having calculated the aggregate in each case of the amounts at 2(g), 3 and 4 above, the Council, in accordance with Section 30(2) of the Local Government Finance Act 1992, hereby set the following as the amounts of Council Tax for the year 2020/21 in accordance with the dwelling bandings shown below:
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None.
In terms of the City Council requirement for 2020/21, the net General Fund budget requirement as set out in the Medium Term Financial Strategy report totalled £12,963,220 which included a contribution to balances of £286,310.
For 2020/21 a Council Tax increase of 1.90% had been applied, with the Council Tax requirement for 2020/21 noted as £6,915,030. By reference to the Band D level, the 2020/21 Council Tax would rise by £5.22 to £280.08 per annum, with the range of Council Taxes for bandings set out in paragraph 2.4 of the report.
The requirements of Lincolnshire County Council and the Lincolnshire Police and Crime Commissioner were also set out in the body of the report.
Councillor Ric Metcalfe highlighted that the precept of the Lincolnshire Police and Crime Commissioner, at 13% of the share, was nearly as high as the City of Lincoln Council’s share which would be 15%. It was noted that the vast majority of the Council’s hereditaments were in bands A and B who would experience a modest increase.
Supporting documents: