Decision details

Collection Fund Surplus / Deficit 2018 / 19

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To recommend the estimated Collection Funds surplus / deficit as at 31 March 2019, for determination by Full Council

Decision:

It was recommended to Full Council;

1.             That an estimated surplus at 31 March 2019 on the Council Tax element of the Collection Fund of £2.1m be declared for 2018/19 and shared between this Council, the Police and Crime Commissioner for Avon and Somerset and the Avon Fire and Rescue Service in proportion to their 2018/19 precepts on the Collection Fund.

2.       That an estimated surplus at 31 March 2019 on the Non-Domestic Rates (NDR) element of the Collection Fund of £62k be declared for 2018/19 and shared between this Council, Avon Fire and Rescue Service and the West of England Combined Authority (WECA) in proportion to the appropriate year demands (For 2018/19: Bristol 94%, WECA 4%, Avon Fire and Rescue Service 1%). There is also an adjusting figure due to the Secretary of State of £744k.

 

Report author: Denise Murray

Publication date: 04/12/2018

Date of decision: 04/12/2018

Decided at meeting: 04/12/2018 - Cabinet

Effective from: 12/12/2018

Accompanying Documents: