Decision details
Estimated Collection Fund Outturn for 2016/17
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
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.
Decision:
RESOLVED:
i) That the overall Collection Fund estimated surplus of £6.109m be noted for the year ending 31st 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.
Publication date: 09/02/2017
Date of decision: 08/02/2017
Decided at meeting: 08/02/2017 - Cabinet
Effective from: 17/02/2017
Accompanying Documents: