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.