Agenda item

RESOLVED –

1.   That the estimated surplus on the Council Tax Collection Fund of £523,799, be agreed and allocated to the major precepting authorities, as outlined in Appendix A to the officer’s report.

REASON FOR RECOMMENDATION

To fulfil a statutory requirement and to feed into the budget setting process for 2018/19.

The Director of Finance and Resources presented the Collection Fund revised estimates for 2017/18.  An estimated surplus of £523,799 on the Council Tax elements of the Collection Fund was expected.

The report noted that the major precepting authorities would be able to take this surplus into account when calculating their Council Taxes for the 2018/19 financial year.

RESOLVED – 

1.   That the estimated surplus on the Council Tax Collection Fund of £523,799, be agreed and allocated to the major precepting authorities, as outlined in Appendix A to the officer’s report.

REASON FOR DECISION

To fulfil a statutory requirement and to feed into the budget setting process for 2018/19.