Issue - meetings

Council Tax Base and Business Rates Forecast

Meeting: 22/01/2019 - Cabinet (Item 116)

116 Council Tax Base and Business Rates Forecast 2019/20 pdf icon PDF 100 KB

Report of the Strategic Director, Corporate Resources

Minutes:

Consideration has been given to the council tax base for 2019/20 for the Parish of Lamesley and the whole of the Borough of Gateshead and to a Business Rate forecast for 2019/20.

 

 

 

RESOLVED -

(i)

That pursuant to this report and in accordance with the Local Authorities (Calculation of Council Tax Base) Regulations 1992, as amended by Local Authorities (Calculation of Council Tax Base) (Amendment)(England) Regulations 2012 the amount calculated by Gateshead Council as its council tax base for the year 2019/20 shall be 52065.6.

 

 

 

 

(ii)

That pursuant to this report and in accordance with the Local Authorities (Calculation of Council Tax Base) Regulations 1992, as amended by Local Authorities (Calculation of Council Tax Base) (Amendment)(England) Regulations 2012 the amount calculated as being the Parish Council of Lamesley’s council tax base for the year 2019/20 shall be 1193.5.

 

 

 

 

(iii)

That the business rates forecast for 2019/20 be approved as £42.423 million.

 

 

 

The above decisions have been made for the following reasons:

 

 

 

 

(A)

To assist the Council in its financial planning and budget setting.

 

 

 

 

(B)

To set a council tax base and a business rates forecast for 2019/20 in accordance with statutory requirements.