Agenda item

Collection Fund revised estimates

Decision:

*RESOLVED –

 

That the estimated surplus on the Council Tax Collection Fund of £600,100 be approved and allocated to the major precepting authorities as detailed in Appendix A of the officer’s report.

 

REASON FOR DECISIONS

 

To fulfil a statutory requirement and to feed into the budget setting process for 2022/23.

Minutes:

The Service Director – Finance presented the Collection Fund revised estimates for 2021/22 which predicted a surplus of £600,100 on the Council Tax elements. It was proposed to allocate the surplus to the major precepting authorities in proportion to their precepts. The major preceptors, including Chesterfield Borough Council, could then take it into account when setting their Council Taxes for 2022/23.

 

*RESOLVED –

 

That the estimated surplus on the Council Tax Collection Fund of £600,100 be approved and allocated to the major precepting authorities as detailed in Appendix A of the officer’s report.

 

REASON FOR DECISIONS

 

To fulfil a statutory requirement and to feed into the budget setting process for 2022/23.

Supporting documents: