Issue - meetings
Estimated Collection fund Outturn 2018/2019
Meeting: 13/02/2019 - Cabinet (Item 147)
147 Estimated Collection Fund Outturn 2018/2019 PDF 184 KB
Lead Member – Councillor D Minnery – Portfolio Holder for Finance
Report of the Head of Finance, Governance and Assurance (Section 151)
Contact: James Walton Tel: 01743 253705
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.
Minutes:
The Leader introduced a report from the Head of Finance, Governance and Assurance detailing the Estimated Collection Fund surpluses/deficits for 2018/19, calculated 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 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.