Issue - meetings

To seek approval of the Council Tax Base for 2025/26.

Cabinet received a report seeking approval of the Council Tax Base for 2025/26 which would be included in the draft 2025/26 General Fund Budget report submitted to Cabinet in January 2025.

It was RESOLVED:

1.            That in accordance with the Local Authorities (Calculation of Tax Base) Regulations 2012, the amount calculated by Stevenage Borough Council for the year 2025/26 will be 29,154.9 equivalent “Band D” properties, reduced to 28,571.8 equivalent “Band D” properties after making allowances for a 98.0% collection rate.

2.            That the 2025/26 Council Tax Base be approved subject to any changes made to the Council Tax Support Scheme (CTS) for 2025/26.  The Cabinet approved the CTS scheme at its meeting on 13 November 2024.

Reason for Decision: As contained in the report.

 Other Options considered:As contained in the report.

Cabinet received a report seeking approval of the Council Tax Base for 2025/26 which would be included in the draft 2025/26 General Fund Budget report submitted to Cabinet in January 2025.

The Portfolio Holder for Resources and Transformation advised that the taxbase included the latest Council Tax Support Scheme which had been agreed at the Cabinet Meeting in November 2024.

It was RESOLVED:

1.            That in accordance with the Local Authorities (Calculation of Tax Base) Regulations 2012, the amount calculated by Stevenage Borough Council for the year 2025/26 will be 29,154.9 equivalent “Band D” properties, reduced to 28,571.8 equivalent “Band D” properties after making allowances for a 98.0% collection rate.

2.            That the 2025/26 Council Tax Base be approved subject to any changes made to the Council Tax Support Scheme (CTS) for 2025/26.  The Cabinet approved the CTS scheme at its meeting on 13 November 2024.

Reason for Decision: As contained in the report.

 Other Options considered:As contained in the report.