Minutes:
The Cabinet considered a report of the Corporate Director of Resources to determine the council’s tax base for domestic properties liable to pay council tax, which is an important component in the council’s budget setting process for 2022/23 and to report on the estimated collection fund deficit as at 31 March 2022 (for copy see file of minutes).
Councillor Bell thanked officers for the preparation of the report. He explained that calculating and forecasting the council tax base is complicated and requires officers to make prudent assumptions about house building, what will happen over the next 18 months, the types and numbers but also who would occupy those properties. He advised that he had spoken previously and written to ministers about how the council suffers from having a low tax base therefore has limited council tax raising authority.
Resolved:
That the recommendations in the report be approved.
Supporting documents: