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Decision details

Report of the Head of Finance and Resources - Projected Collection Fund Adjustment Account 2015/16

Decision Maker: Policy and Resources Committee

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To consider the projected balance on the collection fund adjustment account for the year - 2015/16.

Decision:

That:

1)  The Committee agrees the Council Tax projection of £1.017m (Maidstone’s share £0.169m) as detailed in the report of the Head of Finance and Resources and as a result agree the distribution of the surplus set out in paragraph 3.7 of the report; and

2)  The Committee also agrees the Business Rate projection of £0.681m (Maidstone’s share £0.272m) as detailed in the report of the Head of Finance and Resources and as a result agrees the distribution of the surplus set out in paragraph 3.13 of the report.

 

Contact: Janette Gill Ext. 2469 Email: paulriley@maidstone.gov.uk.

Report author: Janette Gill

Publication date: 18/12/2015

Date of decision: 16/12/2015

Decided: 16/12/2015 - Policy and Resources Committee

Effective from: 31/12/2015

Accompanying Documents: