Council and Democracy

Agenda item

Collection Fund Revised Estimates 2019/20

Decision:

*RESOLVED –

 

That the estimated surplus on the Council Tax Collection Fund of £940,939 be agreed and allocated to the major precepting authorities as outlined in Appendix A of the officer’s report.

 

REASON FOR DECISION

 

To fulfil a statutory requirement and to feed into the budget setting process for 2020/21.

Minutes:

The Acting Chief Finance Officer presented the Collection Fund revised estimates for 2019/20 which predicted an estimated surplus of £940,939 on the Council Tax elements of the Collection Fund.

 

The report noted that the major precepting authorities would be able to take this surplus into account when setting their Council Tax precepts for the 2020/21 financial year.

 

*RESOLVED –

 

That the estimated surplus on the Council Tax Collection Fund of £940,939 be agreed and allocated to the major precepting authorities as outlined in Appendix A of the officer’s report.

 

REASON FOR DECISION

 

To fulfil a statutory requirement and to feed into the budget setting process for 2020/21.

Supporting documents: