Issue - meetings

Meeting: 24/01/2022 - Council (Item 64)

64 Collection Fund - Council Tax Surplus 2021/22 & Council Tax Base 2022-23. pdf icon PDF 236 KB

Additional documents:

Minutes:

The Section 151 Officer presented the report and advised that the Council was required to set its Council Tax Base and declare an estimate of its Council Tax Surplus which should be taken into account when setting the Council Tax for the following year.

 

The Council Tax Base for the year 2022/23 would be £31,038.46

 

The Council Tax Surplus of £ £1,470,700 had been calculated in accordance with statutory guidance with West Lindsey District Council’s share being £225,500.  This amount would be built into the 2022/23 Budget prior to setting the Council Tax.

 

Having been moved and seconded on being put to the vote it was: -

 

RESOLVED that

 

(a)     the estimated surplus of £225,500 be accepted and declared as accruing in the Council’s Collection Fund at 31 March 2022 relating to an estimated Council Tax surplus;

 

(b)     the Council uses its element of the Collection Fund surplus/deficit in calculating the level of Council Tax in 2022/23; and

 

(c)     in accordance with the Local Authorities (Calculation of Tax Base) Regulation 1992 (as amended) the amount calculated by the Council, as its Council Tax Base for the whole of the District area for 2022/23 be approved and set at £31,038.46, as detailed in the report and appendices.