Issue - meetings

RESOLVED:

That Cabinet recommended to Council the approval of:

1.     the calculation of the tax base for the year 2026/27 of 74,305.8; and

2.     pursuant to the report and in accordance with the Local Authorities (Calculation of Council Tax Base) (England) Regulations 2012, the amount calculated by this Council as its council tax base for the year 2026/27 as detailed in paragraph 13.

KEY DECISION:

Report to Cabinet and Council.

PORTFOLIOS:

Finance and Corporate

ALTERNATIVE OPTIONS CONSIDERED/REJECTED:

As set out in the report.

DECLARATIONS OF INTEREST:

None.

DISCUSSION:

The Portfolio Holder for Finance and Corporate explained that the process of setting the Tax Base was extremely complex. He acknowledged that this year there was a more accurate reflexion of the current position due to the latest actuals obtained by the Council.

The Service Manager - Revenues Benefits and Customer Services provided some further clarity on the item, stating that the report set out the Council Tax base for 2026/2027 which involved detailed calculations on the number of properties in each tax band within each Town and Parish, adjusted to allow estimates of discounts, exemptions, reductions, Council Tax Reduction and premiums. The estimated in year collection rate stood at 98.5%. The overall Band D equivalent net dwellings had increased by 950.80 (1.29%) from 2025/2026 to 2026/2027.