RESOLVED:

That Cabinet

1.     Noted the overall Collection Fund estimated surplus of £4.279m for the year ending 31st March 2025, comprised of an estimated surplus of £1.676m for Council Tax and an estimated surplus of £2.603m for Non-Domestic Rates (NDR).

2.     Noted the distribution of the Collection Fund estimated surplus for Council Tax and NDR to the major/relevant precepting authorities and the Secretary of State.

3.     Noted Shropshire Council’s share of the overall estimated surplus of £2.927m, comprised of an estimated surplus of £1.378m for Council Tax and an estimated surplus of £1.549m for NDR.

4.     Noted the inclusion of Shropshire Council’s share of the overall estimated deficit for Council Tax and NDR in the 2025/26 budget.