Decision details
Estimated Collection Fund Outturn For 2023/2024
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
This report sets out the estimated Collection
Fund surpluses/deficits for 2022/23 for Council Tax and
Non-Domestic Rates for the year ending 31st March 23 and respective
shares notifiable to the major precepting authorities.
Decision:
RESOLVED:
That Cabinet:
i) Noted the overall Collection Fund estimated deficit of £6.285m for the year ending 31st March 2024, comprised of an estimated deficit of £1.016m for Council Tax and an estimated deficit of £5.269m for Non-Domestic Rates (NDR), and the reasons for this.
ii) Noted the distribution of the Collection Fund estimated deficit for Council Tax and NDR to the major/relevant precepting authorities and the Secretary of State.
iii) Noted Shropshire Council’s share of the overall estimated deficit of £3.612m, comprised of an estimated deficit of £0.835m for Council Tax and an estimated deficit of £2.777m for NDR.
iv) Noted the inclusion of Shropshire Council’s share of the overall estimated deficit for Council Tax and NDR in the 2024/25 budget
Report author: Ben Jay
Publication date: 21/02/2024
Date of decision: 21/02/2024
Decided at meeting: 21/02/2024 - Cabinet
Effective from: 29/02/2024
Accompanying Documents:
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