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Collection Fund Surplus / Deficit 2018 / 19 - NEW ITEM
Meeting: 04/12/2018 - Cabinet (Item 19.)
19. Collection Fund Surplus / Deficit 2018 / 19 PDF 114 KB
Additional documents:
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.