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RESOLVED that:-
 
(a )     Cabinet approve the declaration
of a surplus on the Collection Fund for the year ending 31 March
2024 in relation to Council Tax of £4.486 million to be
distributed to the Council and Northumbria Police and Crime
Commissioner in accordance with Council Tax regulations; the
Council’s share being £4.149 million;
 
(b )     Cabinet note the overall
estimated surplus on the Collection Fund for the year ending 31
March 2024 in relation to Business Rates of £6.943 million;
the Council’s share being £3.471 million;
 
(c )     Cabinet note the distribution of
the estimated Collection Fund surplus for Council Tax to the
Northumbria Police and Crime Commissioner of £0.337 million,
and the distribution of the estimated Collection Fund surplus for
Business Rates of £3.471 million to the Secretary of State;
and
 
(d )     Cabinet note the inclusion of
the Council’s share of the estimated Collection Fund balances
distributable in 2023-24 of £4.149 million surplus and
£3.471 million surplus for Council Tax and Business Rates
respectively, within the Council’s budget 2024-25.