Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: January 21, 2026

Purpose: To set the estimates for Wolverhampton Collection Fund 2026-2027, which the Council manages on behalf of local precepting bodies and central government.

Content: 1.      That the Collection Fund Council Tax Base for 2026-2027 for Band D equivalent properties be set at 67,714.06.   2.      That authority be delegated to the Section 151 Officer to set the Collection Fund Business Rates, also referred to as Non-Domestic Rates (NDR), Net Rate Yield for 2026-2027 once all information is available.   3.      That authority be delegated to the Section 151 Officer to approve amendments to: a.      The final Business Rates Net Rate Yield as required as a result of changes to the NNDR 1 form (National Non-Domestic Rates return) by the Ministry of Housing, Communities and Local Government or data revisions and changes in projections.   b.      The Council Tax Base as a result of any data revisions and changes in projections.   4.      That the following extensions to the local Business Rates Discretionary Relief be approved: a.      In respect of charitable and voluntary organisations for one year from 1 April 2026.   b.      In respect of transitional relief and transitional relief supplement for the period from 1 April 2026 to 31 March 2029.   c.      In respect of 2023 supporting small business scheme and the introduction of the 2026 supporting small business scheme for the period from 1 April 2026 to 31 March 2027.   5.      That the introduction of 100% relief for eligible electric vehicle charging points and electric vehicle only forecourts be approved.   6.      That the outcome of the Provisional Local Government Finance Settlement 2026-2027 to 2028-2029 be noted.   7.      That it be noted, the final Local Government Finance Settlement is expected to be published early February 2026, and therefore the outcome from the provisional settlement remains subject to change.