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Collection Fund:Estimated Surplus/Deficit

 

 

Meeting: 10/01/2017 - Cabinet (Item 8.)

8. Collection Fund - Estimated Council Tax and Business Rates Surplus 2016/17 pdf icon PDF 131 KB

To note the estimated surplus at 31 March 2017 on the Council Tax element and Non-Domestic Rates (NDR) element of the Collection Fund.

Additional documents:

Decision:

That the following be noted:

 

1) that an estimated surplus at 31 March 2017 on the Council Tax element of the Collection Fund  of £4.604m be declared for 2016/17 and shared between this Council, the Police and Crime Commissioner for Avon and Somerset and the Avon Authority in proportion to their 2016/17 precepts on the Collection Fund

 

2) that an estimated surplus at 31 March 2017 on the Non-Domestic Rates (NDR) element of the Collection Fund of £13.173m be declared for 2016/17 and shared between this Council, the Secretary of State  and Avon Fire Authority  in proportion to current year demands (Bristol 49%, Secretary of State 50%, Avon Fire and Rescue Service 1%)