|
|
APPENDIX A
|
|
MAIDSTONE
BOROUGH COUNCIL
|
POLICY
AND RESOURCES COMMITTEE
|
|
COLLECTION
FUND 2015/16 - COUNCIL TAX ADJUSTMENT
|
|
|
|
|
|
|
|
|
|
|
|
|
|
£
|
Share
%
|
|
DEMANDS ON THE
FUND
|
|
|
|
Maidstone Borough
Council budget requirement
|
14,823,367
|
16.59%
|
|
Kent County Council
|
62,101,417
|
69.52%
|
|
Kent Police
Authority
|
8,383,768
|
9.38%
|
|
Kent and Medway
Towns Fire Authority
|
4,025,234
|
4.51%
|
|
|
|
|
|
Council Tax
requirement
|
89,333,786
|
1.00
|
|
|
|
|
|
|
|
|
|
|
|
|
|
DEBIT RAISED
|
|
|
|
Charges raised
|
108,696,096
|
|
|
Less Disabled
Relief
|
71,629
|
|
|
Discounts
|
16,622,639
|
|
|
Exemptions
|
1,483,628
|
|
|
|
90,518,200
|
|
|
Less Provision
for bad and doubtful debts
|
884,142
|
|
|
Projected Council
Tax Income
|
89,634,058
|
|
|
|
|
|
|
Projected
surplus for the year
|
300,272
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
UTILISATION OF
FUND BALANCE
|
|
£
|
|
Actual Surplus at 31
March 2015
|
|
2,542,677
|
|
Less anticipated
surplus (2014-15 Estimate)
|
|
1,826,034
|
|
|
|
716,643
|
|
Add Projected
Surplus 2015-16
|
|
300,272
|
|
|
|
|
|
Projected
Surplus at 31 March 2016
|
|
1,016,915
|
|
|
|
|
|
|
|
|
|