Decision Maker:

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: December 3, 2024

Purpose:

Content: The Cabinet:   1.1.         Approved in accordance with the relevant legislation and regulations, the Council Taxbase (Band D residential properties) for Lichfield District for the financial year 2025/26 of 41,522.7.   1.2.         Noted the estimated Council Tax Collection Fund Surplus of (£11,780) (LDC Share £1,370) and the estimated Business Rates Collection Fund Surplus of (£3,869,880) (LDC Share £1,547,950) for 2024/25.   1.3.         Delegated authority to the Cabinet Member for Finance & Commissioning and the Chief Financial Officer (Section 151) to: • Complete and certify the NNDR1 for 2025/26 on behalf of the Council. • Update the Council Taxbase for 2025/26 and Collection Fund projections for 2024/25 in the event of changes to guidance or the need for significant changes to underlying assumptions.