Decision details

Council Tax Base and Business Rates (NDR) Net Rate Yield 2019-2020

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To approve the Council Tax Base and Business Rates (NDR) Net Rate Yield 2019-2020.

Decision:

1. That the Collection Fund Council Tax Base for 2019-2020 be set at 63,996.44 Band D equivalents.

2. That the Collection Fund Business Rates, also referred to as Non-Domestic (NDR), Net Rate Yield for 2019-2020 be set at £74.4 million.

3. That authority be delegated to the Cabinet Member for Resources, in consultation with the Director of Finance, to approve amendments to:

a. The final Business Rates net rate yield as required as a result of changes to the NNDR1 form (National Non-Domestic Rates return) by the Ministry of Housing, Communities and Local Government or data revisions and changes in projections;

b. The Council Tax Base as a result of any data revisions and changes in projections.

Report author: Mohammed Hasan

Publication date: 24/01/2019

Date of decision: 23/01/2019

Decided at meeting: 23/01/2019 - Cabinet

Effective from: 31/01/2019

Accompanying Documents: