Issue - meetings

Council Tax Base

Meeting: 23/01/2024 - Cabinet (Item 100)

100 Council Tax Base and Business Rates Forecast 2024/25 pdf icon PDF 156 KB

Report of the Strategic Director, Resources and Digital

Minutes:

Consideration has been given to the council tax base for 2024/25 for the Parish of Lamesley and the whole of the Borough of Gateshead and also to the proposed Business Rate forecast for 2024/25.

 

 

 

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 2024/25 shall be 54,041.1.

 

 

 

 

(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 2024/25 shall be 1,227.7.

 

 

 

 

(iii)

That the business rates forecast for 2024/25 be approved as £41.284 million.

 

 

 

The above decisions have been made for the following reasons:

 

 

 

 

(i)

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

 

 

 

 

(ii)

To set a council tax base and a business rates forecast for 2024/25 in accordance with statutory requirements.