Decision
URL: https://democracy.lichfielddc.gov.uk/ieDecisionDetails.aspx?ID=693
Decision Maker:
Outcome: Recommendations Approved
Is Key Decision?: No
Is Callable In?: No
Purpose:
Content: The Cabinet: 1.1. Approved in accordance with the relevant legislation and regulations, the Council Taxbase (Band D residential properties) for Lichfield District for the financial year 2025/26 of 41,522.7. 1.2. Noted the estimated Council Tax Collection Fund Surplus of (£11,780) (LDC Share £1,370) and the estimated Business Rates Collection Fund Surplus of (£3,869,880) (LDC Share £1,547,950) for 2024/25. 1.3. Delegated authority to the Cabinet Member for Finance & Commissioning and the Chief Financial Officer (Section 151) to: • Complete and certify the NNDR1 for 2025/26 on behalf of the Council. • Update the Council Taxbase for 2025/26 and Collection Fund projections for 2024/25 in the event of changes to guidance or the need for significant changes to underlying assumptions.
Date of Decision: December 3, 2024