Agenda item

Report of the Chief Finance Officer (Director of Resources) and Head of Finance and Procurement

Summary

To detail the Calculations for the amounts of Council Tax for 2012/13 and the setting of Council Tax for 2012/2013.

Recommendations

It is recommended that the Council resolves:-

(1)               That it be noted that at its meeting held on 9 January 2012 the Executive calculated the Council Tax Base 2012/13:

a)                 for the whole Council area as 50,615 [item T in the formula in Section 31B of the Local Government Finance Act 1992, as amended (the “Act”)]; and

b)                 For dwellings in those parts of its area to which a Parish Precept relates as in the attached Appendix 1.

(2)               That the Council Tax requirement for the Council’s own purposes for 2012/13 (excluding Parish Precepts and Special Expenses) is £123.50.

(3)               That the following amounts be calculated for the year 2012/13 in accordance with Sections 31 to 36 of the Act:-

a)                 £76,018,304 being the aggregate of the amounts which the Council estimates for the items set out in Section 31A(2) of the Act, taking into account all precepts issued to it by Parish Councils and any additional special expenses.

b)                 £65,678,445 being the aggregate of the amounts which the Council estimates for the items set out in Section 31A (3) of the Act.

c)                 £10,339,859 being the amount by which the aggregate at 8(a) above exceeds the aggregate at 8(b) above, calculated by the Council, in accordance with Section 31A(4) of the Act, as its Council Tax requirement for the year (Item R in the formula in Section 31B of the Act).

d)                 £204.28 being the amount at 8(c) above (Item R), all divided by Item T (6(a) above), calculated by the Council, in accordance with Section 31B of the Act, as the basic amount of its Council Tax for the year (including Parish Precepts and Special Expenses);

e)                 £4,088,906 being the aggregate amount of all special items (Parish Precepts and Special Expenses) referred to in Section 34(1) of the Act as per the attached Schedule 2.

f)                    £123.50 being the amount at 8(d) above less the result given by dividing the amount at 8(e) above by Item T(6(a) above), calculated by the Council, in accordance with Section 34(2) of the Act, as the basic amount of its Council Tax for the year for dwellings in those parts of its area to which no Parish Precept or special item relates;

(4)       It be noted that for the year 2012/13 the Oxfordshire County Council and  the Thames Valley Policy Authority have issued precepts to the Council, in accordance with Section 40 of the Local Government Finance Act 1992, for each category of dwellings in the Council’s area as indicated below :-

(5)       The Council, in accordance with Sections 30 and 36 of the Local Government Finance Act 1992, hereby sets the amounts shown in Appendix 2 as the amounts of Council Tax for the year 2012/13 for each part of its area and for each of the categories of dwellings.

(6)       The Council’s basic amount of Council Tax for 2012/13 is not excessive in accordance with principles approved under Section 52ZB Local Government Finance Act 1992.

The Chief Finance Officer (Director of Resources) and Head of Finance and Procurement submitted a report to detail the Calculations for the amounts of Council Tax for 2012/13 and the setting of Council Tax for 2012/13.

Resolved

(1)               That it be noted that at its meeting held on 9 January 2012 the Executive calculated the Council Tax Base 2012/13:

a)                 for the whole Council area as 50,615 [item T in the formula in Section 31B of the Local Government Finance Act 1992, as amended (the “Act”)]; and

b)                 For dwellings in those parts of its area to which a Parish Precept relates as in the attached Appendix 1(annex to the minutes as et out in the minute book).

(2)               That the Council Tax requirement for the Council’s own purposes for 2012/13 (excluding Parish Precepts and Special Expenses) is £123.50.

(3)               That the following amounts be calculated for the year 2012/13 in accordance with Sections 31 to 36 of the Act:-

a)                 £76,018,304 being the aggregate of the amounts which the Council estimates for the items set out in Section 31A(2) of the Act, taking into account all precepts issued to it by Parish Councils and any additional special expenses.

b)                 £65,678,445 being the aggregate of the amounts which the Council estimates for the items set out in Section 31A (3) of the Act.

c)                 £10,339,859 being the amount by which the aggregate at 8(a) above exceeds the aggregate at 8(b) above, calculated by the Council, in accordance with Section 31A(4) of the Act, as its Council Tax requirement for the year (Item R in the formula in Section 31B of the Act).

d)                 £204.28 being the amount at 8(c) above (Item R), all divided by Item T (6(a) above), calculated by the Council, in accordance with Section 31B of the Act, as the basic amount of its Council Tax for the year (including Parish Precepts and Special Expenses);

e)                 £4,088,906 being the aggregate amount of all special items (Parish Precepts and Special Expenses) referred to in Section 34(1) of the Act as per the attached Schedule 2.

f)                    £123.50 being the amount at 8(d) above less the result given by dividing the amount at 8(e) above by Item T(6(a) above), calculated by the Council, in accordance with Section 34(2) of the Act, as the basic amount of its Council Tax for the year for dwellings in those parts of its area to which no Parish Precept or special item relates;

(4)       That it be noted that for the year 2012/13 the Oxfordshire County Council and  the Thames Valley Policy Authority have issued precepts to the Council, in accordance with Section 40 of the Local Government Finance Act 1992, for each category of dwellings in the Council’s area as indicated below :-

(5)       That the Council, in accordance with Sections 30 and 36 of the Local Government Finance Act 1992, hereby sets the amounts shown in Appendix 2 (annex to the minutes as set out in the minute book) as the amounts of Council Tax for the year 2012/13 for each part of its area and for each of the categories of dwellings.

(6)       That the Council’s basic amount of Council Tax for 2012/13 is not excessive in accordance with principles approved under Section 52ZB Local Government Finance Act 1992.