Issue - meetings
FP1007 Council Tax Base 2021/22
Meeting: 05/01/2021 - Cabinet (Item 212)
212 Council Tax Base 2021/22 (Forward Plan Reference FP1007) 
PDF 186 KB
Report of the Chief Executive on the approval of the Council’s taxbase for the year 2021/22 and the collection rate.
Additional documents:
- 7a - Appendix A - Tax Base, item 212
PDF 25 KB
- Webcast for Council Tax Base 2021/22 (Forward Plan Reference FP1007)
Decision:
(1) That the Council's taxbase for the year 2021/2022 be approved, incorporating a collection rate of 99.40%.
(2) That in accordance with the Local Authorities (Calculation of Council Tax Base) Regulations 2012, the amount calculated by the Borough Council as its taxbase for the year 2021/2022 shall be 43,462.4 and its constituent elements shall be:
|
|
100% TAXBASE |
99.40% TAXBASE |
|
|
|
|
|
Welwyn Garden City |
18,084.8 |
17,976.3 |
|
Hatfield |
12,241.0 |
12,167.6 |
|
Welwyn |
4,713.2 |
4,684.9 |
|
Ayot St Lawrence |
70.1 |
69.7 |
|
Ayot St Peter |
113.9 |
113.2 |
|
North Mymms |
4,424.9 |
4,398.4 |
|
Essendon |
427.2 |
424.6 |
|
Northaw & Cuffley |
3076.8 |
3,058.3 |
|
Woolmer Green |
572.8 |
569.4 |
|
|
|
|
|
Total |
43,724.7 |
43,462.4 |
|
|
|
|
Minutes:
Report of the Chief Executive on the approval of the Council’s taxbase for the year 2021/22 and the collection rate.
(1) The Decision Taken
RESOLVED:
(1) That the Council's taxbase for the year 2021/2022 be approved, incorporating a collection rate of 99.40%.
(2) That in accordance with the Local Authorities (Calculation of Council Tax Base) Regulations 2012, the amount calculated by the Borough Council as its taxbase for the year 2021/2022 shall be 43,462.4 and its constituent elements shall be:
|
|
100% TAXBASE |
99.40% TAXBASE |
|
|
|
|
|
Welwyn Garden City |
18,084.8 |
17,976.3 |
|
Hatfield |
12,241.0 |
12,167.6 |
|
Welwyn |
4,713.2 |
4,684.9 |
|
Ayot St Lawrence |
70.1 |
69.7 |
|
Ayot St Peter |
113.9 |
113.2 |
|
North Mymms |
4,424.9 |
4,398.4 |
|
Essendon |
427.2 |
424.6 |
|
Northaw & Cuffley |
3076.8 |
3,058.3 |
|
Woolmer Green |
572.8 |
569.4 |
|
|
|
|
|
Total |
43,724.7 |
43,462.4 |
|
|
|
|
(2) Reasons for the Decision
All tax collecting local authorities have to estimate a Council Tax Base for the forthcoming financial year. The methods of estimation are largely prescribed by regulation.
The estimated Tax Base is the number of taxable homes in the borough, expressed in Band D equivalent terms. Generally speaking, the higher the tax base for any given level of Council General Fund expenditure, the lower the required Council Tax rate. For example, a growing tax base is generally a good thing.
In estimating the tax base for 2021/22, two key assumptions need to be made:
• The collection rate and this is assumed to be 99.4%.
• The growth in the number of homes. This is estimated to be 816.
To the extent that the actual collection rate or the growth in the number of homes turns out to be different from the estimates, this will be adjusted through the Collection Fund in following years. Any financial impact is borne in proportion by all precepting authorities.
The estimated Band D equivalent Tax Base for Welwyn Hatfield for 2021/22 is 43,462 split between the various settlements, as set out in the attached report.