Issue - meetings

Council Tax Base and NNDR Forecast

Meeting: 24/01/2017 - Cabinet (Item 165)

165 Council Tax Base and Business Rates Forecast 2017/18 pdf icon PDF 337 KB

Report of the Strategic Director, Corporate Resources

Minutes:

Consideration has been given to the council tax base for 2017/18 for the Parish of Lamesley and the whole of the Borough of Gateshead and to the proposed Business Rate forecast for 2017/18.

 

 

 

RESOLVED -

(i)

That pursuant to the 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 2017/18 shall be 50,933.2.

 

 

 

 

(ii)

That pursuant to the 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 2017/18 shall be 1,186.8.

 

 

 

 

(iii)

That the business rates forecast for 2017/18 is £40.666 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 2017/18 in accordance with statutory requirements.