Decision Maker: Cabinet

Outcome:

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: January 2, 2025

Purpose: To set Buckinghamshire Council's Council Tax Base for the following financial year

Content: The Local Authorities Calculation of Council Tax Base (England) Regulations 2012 prescribe rules for the calculation of the Council Tax base.   On an annual basis, all local authorities are required to calculate a Council Tax Base which is used to set the level of Council Tax. The process is governed by the Local Authorities’ (Calculation of Tax Base) Regulations 1992.   In 2025/26, the tax base for the year was proposed at 233,267.79 which was 0.91% higher than 2024/25. The Collection Rate remained unchanged at 98.4%. The estimated Council Tax surplus was £8,266,617 as detailed in section 4 of the report.   RESOLVED   1.                That the Buckinghamshire Council Tax Base of 233,267.79 for the year 2025/26 be APPROVED.  2.                That the Buckinghamshire Council estimated collection rate for the year 2025/26 of 98.4% be APPROVED.  3.                That the estimated surplus as at 31 March 2025 in relation to Council Tax of £8.3m and shared between the Council, Thames Valley Police and Buckinghamshire Fire & Rescue Service as detailed in section 4 of the report be APPROVED.