Issue - meetings

Report No:   CAB/SE/17/069

Portfolio Holder: Ian HoulderLead Officer: Rachael Mann

RECOMMENDED TO COUNCIL: (19 December 2017)

That:

(1)     the tax base for 2018/2019, for the whole of St Edmundsbury is 36,490.95 equivalent band D dwellings, as detailed in paragraph 1.4 of Report No: CAB/SE/17/069; and

(2)     the tax base for 2018/2019 for the different parts of its area, as defined by parish or special expense area boundaries, are as shown in Appendix 2.

The Cabinet considered Report No: CAB/SE/17/069, which sought approval for the Council Tax Base for Tax Setting Purposes 2018/2019.

Councillor Ian Houlder, Portfolio Holder for Resources and Performance, drew relevant issues to the attention of the Cabinet including that the tax base formed the basis for the formal calculation of Council Tax for 2018/2019.

The Council Tax Base of the Council was the total taxable value at a point in time of all the domestic properties in its area, projected changes in the property base and the estimated collection rate. 

The total taxable value referred to above was arrived at by each dwelling being placed in an appropriate valuation band determined by the Valuation Office, with a fraction as set by statute being applied in order to convert it to a Band ‘D’ equivalent figure.  These Band ‘D’ equivalent numbers were then aggregated at a district wide level and were also sub totalled for parishes.  This had to be done by the Council responsible for sending the bills out and collecting the council tax ('the billing authority’).  In two tier areas, district councils fulfilled this function.

Each authority divided its total Council Tax required to meet its budget requirements by the Tax Base of its area to arrive at a Band ‘D’ Council Tax.  The Tax Base for Council Tax collection purposes had been calculated as 36,490.95 for 2018/2019, which was an increase of 233.68 on the previous year.

The calculations applied to reach this figure were detailed in the report. 

RECOMMENDED TO COUNCIL:

That:

(1)    the tax base for 2018/2019, for the whole of St Edmundsbury is 36,490.95 equivalent band D dwellings, as detailed in paragraph 1.4 of Report No: CAB/SE/17/069; and

(2)    the tax base for 2018/2019 for the different parts of its area, as defined by parish or special expense area boundaries, are as shown in Appendix 2.