The Leader of the Council and Portfolio Holder for Strategy, Financial Strategy, Budget and Business Plan presented a report by the Head of Finance, Governance and Assurance (Section 151 Officer) on the Council’s estimated Collection Fund outturn for 2016/17.

            RESOLVED:

i)             That the overall Collection Fund estimated surplus of £6.109m be noted for the year ending 31^st March 2017, comprised of an estimated surplus of £2.669m for Council Tax and an estimated surplus of £3.440m for Non-Domestic Rates (NDR).

ii)            That the distribution of the Collection Fund estimated surplus for Council Tax and NDR to the major / relevant precepting authorities and the Secretary of State, be noted.

iii)           That Shropshire Council’s share of the overall estimated deficit of £4.162m, comprised of an estimated surplus of £2.183m for Council Tax and an estimated deficit of £1.979m for NDR, be noted.

iv)           That the inclusion of Shropshire Council’s share of the overall estimated deficit in the 2017/18 budget be noted.