Purpose

The Council is required to set
its council tax base and the expected business rate income for the
forthcoming year. These calculations are used as the basis for the
amount of income the Council will precept from the collection
fund.

Content

(Key
decision):
 
(1) To agree the provisional
Council Tax Base for 2025/26 of 36,019.8 based on the councils
existing Council Tax Reduction Scheme.
 
(2) To agree the provisional
Council Tax Base for 2025/26 of 35,581.3 based on the councils
proposed 100% Council Tax Reduction Scheme (a reduction equivalent
to 438.6 Band D properties compared to 24/25 figures)
 
(3) To agree that the Chief
Finance Officer, in consultation with the Portfolio Holder for
Financial Services, determine the final amounts for the Council Tax
Base for 2025/26.
 
(4) To agree that the Chief
Finance Officer, in consultation with the Portfolio Holder for
Finance, determine net yield from Business Rate income for
2025/26.