Purpose

This report sets out the estimated Collection
Fund surpluses/deficits for 2023/24 for Council Tax and
Non-Domestic Rates for the year ending 31st March 24 and respective
shares notifiable to the major precepting authorities.

Decision

RESOLVED:
 
That Cabinet
 

1.    
Noted the overall Collection Fund estimated surplus of
£4.279m for the year ending 31st March 2025, comprised of an
estimated surplus of £1.676m for Council Tax and an estimated
surplus of £2.603m for Non-Domestic Rates (NDR).
 

2.    
Noted the distribution of the Collection Fund estimated surplus for
Council Tax and NDR to the major/relevant precepting authorities
and the Secretary of State.
 

3.    
Noted Shropshire Council’s share of the overall estimated
surplus of £2.927m, comprised of an estimated surplus of
£1.378m for Council Tax and an estimated surplus of
£1.549m for NDR.
 

4.    
Noted the inclusion of Shropshire Council’s share of the
overall estimated deficit for Council Tax and NDR in the 2025/26
budget.