Decision details

To provide information about the Council Tax Taxbase for the period 2017/18 and to approve the Council’s NNDR1 form which for 2017/18 will set the timings of cashflows and predicted shares between central and local government for business rates

1.     That the Collection Fund Council Tax Base for 2017/18 be set at 61,397.45 Band D equivalents.

2.     That the Collection Fund Business Rates, also referred to as Non-Domestic Rates (NDR), Net Rate Yield for 2017/18 be set at £71.7 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 Department for Communities and Local Government (DCLG) or data revisions and changes in projections;

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