Decision details
Estimated Collection Fund Outturn 2018/2019
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
The Leader introduced the report of the Director of Finance, Governance and Assurance detailing the estimated Collection Fund surpluses/deficits for 2018/19, calculated as at 15 January 2019 for Council Tax and as at 31 January 2019 for Non-Domestic Rates, for the year ending 31 March 2019.
Decision:
RESOLVED:
A To note the overall Collection Fund estimated surplus of £3.106m for the year ending 31st March 2019, comprised of an estimated surplus of £3.666m for Council Tax and an estimated deficit of £0.560m for Non-Domestic Rates (NDR).
B To note the distribution of the Collection Fund estimated surplus for Council Tax and deficit for NDR to the major / relevant precepting authorities and the Secretary of State.
C To note Shropshire Council’s share of the overall estimated surplus of £3.367m, comprised of an estimated surplus of £3.031m for Council Tax and an estimated surplus of £0.336m for NDR.
D To note the inclusion of Shropshire Council’s share of the overall estimated surplus in the 2019/20 budget.
Publication date: 14/02/2019
Date of decision: 13/02/2019
Decided at meeting: 13/02/2019 - Cabinet
Effective from: 21/02/2019
Accompanying Documents: