Calculating the amounts of Council Tax for 2024/25 and setting the Council Tax for 2024/25
February 26, 2024 Council (Other) Approved View on council websiteFull council record
Content
Resolved
(1)
That it be noted that
the Council Tax Base 2024/25 was determined at the Executive
meeting held on 8 January 2024:
a)
for the whole Council area as 59,027.2 [item T in the formula in
Section 31B of the Local Government Finance Act 1992, as amended
(“the 1992 Act”)]; and
b)
For dwellings in those parts of its area to which a
Parish Precept relates as in the attached Appendix 1.
(2)
That it be agreed that the Council Tax requirement
for the Council’s own purposes for 2024/25 (excluding Parish
Precepts and Special Expenses) is £9,060,675.
(3)
That the following amounts be calculated for the
year 2024/25 in accordance with Sections 31 to 36 of the 1992
Act:
a)
£137,412,530 being the aggregate of the
amounts which the Council estimates for the items set out in
Section 31A (2) of the 1992 Act, taking into account all precepts
issued to it by Parish Councils and any additional special
expenses.
b)
£121,996,104 being the aggregate of the
amounts which the Council estimates for the items set out in
Section 31A (3) of the 1992 Act.
c)
£15,416,426 being the amount by which the
aggregate at 3(a) above exceeds the aggregate at 3(b) above,
calculated by the Council, in accordance with Section 31A (4) of
the 1992 Act, as its Council Tax requirement for the year (Item R
in the formula in Section 31B of the 1992 Act).
d)
£261.17 being the amount at 3(c) above (Item
R), all divided by Item T (1(a) above), calculated by the Council,
in accordance with Section 31B of the 1992 Act, as the basic amount
of its Council Tax for the year (including Parish Precepts and
Special Expenses).
e)
£6,355,750 being the aggregate amount of all
special items (Parish Precepts and Special Expenses) referred to in
Section 34(1) of the 1992 Act as per the attached annex to the
Minutes (as set out in the Minute Book).
f)
£153.50 being the amount at 3(d) above less
the result given by dividing the amount at 3(e) above by Item
T(1(a) above), calculated by the Council, in accordance with
Section 34(2) of the 1992 Act, as the basic amount of its Council
Tax for the year for dwellings in those parts of its area to which
no Parish Precept or special item relates.
(4)
It be noted that for the year 2024/25 the
Oxfordshire County Council and the Police and Crime Commissioner
for Thames Valley have issued precepts to the Council, in
accordance with Section 40 of the 1992 Act, for each category of
dwellings in the Council’s area as indicated
below:
Valuation Band
Oxfordshire County Council
Police and Crime Commissioner for Thames
Valley
£
£
A
1,213.71
179.52
B
1,415.99
209.44
C
1,618.28
239.36
D
1,820.56
269.28
E
2,225.13
329.12
F
2,629.70
388.96
G
3,034.27
448.80
H
3,641.12
538.56
(5)
That the Council, in accordance with Sections 30 and
36 of the 1992 Act, hereby sets the amounts shown in the annex to
the Minutes (ass et out in the Minute
Book) as the amounts of Council Tax for the year 2024/25 for each
part of its area and for each of the categories of
dwellings.
(6)
That the Council has determined that its relevant
basic amount of Council Tax for 2024/25 is not excessive in
accordance with principles approved under Section 52ZB of the 1992 Act.
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 26 Feb 2024 |