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. 

RESOLVED:

A       To note the overall Collection Fund estimated surplus of £3.106m for the year ending 31^st 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.