Agenda item

Report on Council Tax Setting

Meeting of Budget Meeting, Council, Tuesday 26 February 2013 10.30 am (Item 8.)

Minutes:

At the Chairman’s invitation, the Leader presented a report which detailed the various calculations in the prescribed format to enable Council to approve the council tax requirement for 2013/14.

Using the tax base previously approved by Cabinet on 18 December 2012 of 164,575.59 Band D equivalent households, and the draft net budget requirement of£340.518 million (of which £201.182m is funded by council tax) gives a band D council tax for 2013/2014 of £1,222.43.

On being proposed by the Leader and seconded by the Deputy Leader, it was

Resolved:

That the Council approves the Council Tax Resolutions for 2013/14 as follows:

1. That it be noted that on 18 December 2012 the Council calculated:

(a) the Council Tax Base 2013/2014 for the whole Council area as 164,575.59 [Item T in the formula in Section 31B(3) of the Local Government Finance Act 1992, as amended (the "Act")] and,

(b) for dwellings in those parts of its area to which a Parish precept relates as in the attached Appendix C.

2. Calculate that the Council Tax requirement for the Council’s own purposes for 2013/2014 (excluding Parish precepts) is £201.182m.

3. That the following amounts be calculated for the year 2013/2014 in accordance with Sections 31 to 36 of the Act:

(a)	£877,532,967.43	(Gross Revenue Expenditure including parish precepts) being the aggregate of the amounts which the Council estimates for the items set out in Section 31A(2) of the Act taking into account all precepts issued to it by Parish Councils).
(b)	£524,830,000.00	(Revenue Income) being the aggregate of the amounts which the Council estimates for the items set out in Section 31A(3) of the Act.
(c)	£352,702,967.43	(Net Revenue Expenditure including parish precepts) being the amount by which the aggregate at 3(a) above exceeds the aggregate at 3(b) above, calculated by the Council in accordance with Section 31A(4) of the Act as its Council Tax requirement for the year. (Item R in the formula in Section 31A(4) of the Act).
(d)	£1,296.47	(Wiltshire Council Band D tax plus average Town & Parish Councils Band D Council Tax) being the amount at 3(c) above (Item R), all divided by Item T (2 above), calculated by the Council, in accordance with Section 31B(1) of the Act, as the basic amount of its Council Tax for the year (including Parish precepts), as shown below:

Band A

Band

864.31

1,008.37

1,152.41

1,296.47

1,584.57

1,872.68

2,160.78

2,592.94

(e)

£12,184,967.43

(Aggregate of Town & Parish Council Precepts) being the aggregate amount of all special items (Parish Precepts) referred to in Section 34(1) of the Act (as per the attached Appendix C).

(f)

£1,222.43

(Band D Council Tax for Wiltshire Council purposes only) being the amount at 3(d) above less the result given by dividing the amount at 3(e) above by Item T (2 above), calculated by the Council, in accordance with Section 34(2) of the Act, as the basic amount of its Council Tax for the year for dwellings in those parts of its area to which no Parish precept relates, as shown below:

Band A

Band B

Band

814.95

950.78

1,086.60

1,222.43

1,494.08

1,765.73

2,037.38

2,444.86

ADJOURNMENT

Council adjourned for lunch at this point in the meeting, 1pm and reconvened at 1.55pm.

Supporting documents: