Decision status: For Determination
Is Key decision?: Yes
Is subject to call in?: No
RESOLVED that:-
(a ) Cabinet approve the declaration of a surplus on the Collection Fund for the year ending 31 March 2024 in relation to Council Tax of £4.486 million to be distributed to the Council and Northumbria Police and Crime Commissioner in accordance with Council Tax regulations; the Council’s share being £4.149 million;
(b ) Cabinet note the overall estimated surplus on the Collection Fund for the year ending 31 March 2024 in relation to Business Rates of £6.943 million; the Council’s share being £3.471 million;
(c ) Cabinet note the distribution of the estimated Collection Fund surplus for Council Tax to the Northumbria Police and Crime Commissioner of £0.337 million, and the distribution of the estimated Collection Fund surplus for Business Rates of £3.471 million to the Secretary of State; and
(d ) Cabinet note the inclusion of the Council’s share of the estimated Collection Fund balances distributable in 2023-24 of £4.149 million surplus and £3.471 million surplus for Council Tax and Business Rates respectively, within the Council’s budget 2024-25.
Publication date: 16/01/2024
Date of decision: 16/01/2024
Decided at meeting: 16/01/2024 - Cabinet
Accompanying Documents: