Issue - meetings

To consider a report of the Executive Councillor (Support & Governance)

This report deals with the forecast Collection Fund outturn position for 2015/16, the setting of the Council Tax Base for 2016/17 and also presents a forecast for Business Rates income for 2016/17.

The Executive is recommended:-

·         for 2015/16 to declare a forecast Collection Fund deficit relating to Council Tax Revenues of £0.276m and a forecast Collection Fund deficit relating to Business Rates of £2.188m;

·         to approve the Council Tax Base for 2016/17 at a Band D equivalent figure of 90,697.7;

·         to provisionally approve the forecast for Business Rates Income of £93.819m for 2016/17;

·         to delegate the following decisions to the Corporate Director for Corporate and Support Services, in consultation with the Executive Councillor (Support & Governance):

·           Any decision to vary the Business Rates forecast presented at paragraphs 4.9 to 4.12 of the report;

·           The decision as to whether or not to join the Greater Manchester/Cheshire East/Cheshire West and Chester Business Rates Pool as set out in section 5.

Officer contact: Andy Moran, 0161 474 4086, andrew.moran@stockport.gov.uk

The Executive Councillor (Support & Governance) submitted a report (copies of which had been circulated) inviting the Executive to consider the forecast Collection Fund outturn position for 2015/16, the setting of the Council Tax Base for 2016/17 and a forecast for Business Rates income for 2016/17.

RESOLVED – (1) That in relation to Stockport Council Tax and Non-Domestic Rates Billing Area:-

·               a forecast Collection Fund deficit relating to Council Tax Revenues of £0.276m and a forecast Collection Fund deficit relating to Business Rates of £2.188m be declared for 2015/16;

·               the Council Tax Base for 2016/17 at a Band D equivalent figure of 90,697.7 be approved;

·               the forecast for Business Rates Income of £93.819m for 2016/17 be provisionally approved.

(2) That the following decisions be delegated to the Corporate Director for Corporate and Support Services, in consultation with the Executive Councillor (Support & Governance):

·               any decision to vary the Business Rates forecast presented at paragraphs 4.9 to 4.12 of the report;

·               the decision as to whether or not to join the Greater Manchester/Cheshire East/Cheshire West and Chester Business Rates Pool as set out in section 5 of the report.