Issue - meetings

Report of the Director of Resources & Deputy Chief Executive enclosed.

The Director of Resources and Deputy Chief Executive submitted a report informing members of the Council’s Taxbase for 2024/25.

Members were reminded that:

·      The council tax base was set each year between 1 December and 31 January and was an important calculation which set out the number of dwellings to which council tax was chargeable in an area or part of an area.

·      To calculate the tax base for an area, the number of dwellings in each Council tax band was adjusted to take account of any discounts, premiums or exemptions.

·      The resulting figure for each band was then multiplied by its proportion relative to Band D (from 6/9 for Band A to 18/9 for Band H) and the total across all eight bands was calculated. These were then multiplied by the authority’s estimated collection rate for the year.

·      The tax base was used for the purposes of calculating the band d council tax for the billing authority and also major precepting authorities and parish councils.

The tax base had increased steadily over the years. The Council Tax Base for 2024/25 was 25,321, which was a 1.4% increase on that for 2023/24.