Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: February 12, 2025

Purpose: This report sets out the estimated Collection Fund surpluses/deficits for 2023/24 for Council Tax and Non-Domestic Rates for the year ending 31st March 24 and respective shares notifiable to the major precepting authorities.

Content: RESOLVED:   That Cabinet   1.     Noted the overall Collection Fund estimated surplus of £4.279m for the year ending 31st March 2025, comprised of an estimated surplus of £1.676m for Council Tax and an estimated surplus of £2.603m for Non-Domestic Rates (NDR).   2.     Noted the distribution of the Collection Fund estimated surplus for Council Tax and NDR to the major/relevant precepting authorities and the Secretary of State.   3.     Noted Shropshire Council’s share of the overall estimated surplus of £2.927m, comprised of an estimated surplus of £1.378m for Council Tax and an estimated surplus of £1.549m for NDR.   4.     Noted the inclusion of Shropshire Council’s share of the overall estimated deficit for Council Tax and NDR in the 2025/26 budget.