Issue - meetings
FP880 Council Tax Base 2019/20
Meeting: 08/01/2019 - Cabinet (Item 93)
93 Council Tax Base 2019/20 (Forward Plan Reference FP880) 
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Report of the Corporate Director (Resources, Environment and Cultural Services) on approval of the Council’s taxbase for the year 2019/20 and collection rate.
Additional documents:
Decision:
(1) The Council's taxbase for the year 2019/2020 was approved, incorporating a collection rate of 99.40%.
(2) 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 2019/2020 shall be 41,889.6 and its constituent elements shall be:
|
|
100% TAXBASE |
99.40% TAXBASE |
|
|
|
|
|
Welwyn Garden City |
17,197.3 |
17,094.1 |
|
Hatfield |
11,663.4 |
11,593.4 |
|
Welwyn |
4,645.0 |
4,617.1 |
|
Ayot St Lawrence |
70.5 |
70.1 |
|
Ayot St Peter |
115.8 |
115.1 |
|
North Mymms |
4,409.9 |
4,383.4 |
|
Essendon |
433.2 |
430.6 |
|
Northaw & Cuffley |
3,075.6 |
3,057.1 |
|
Woolmer Green |
531.9 |
528.7 |
|
|
|
|
|
Total |
42,142.6 |
41,889.6 |
Minutes:
Report of the Corporate Director (Resources, Environment and Cultural Services) on approval of the Council’s tax base for the year 2019/20 and collection rate.
(1) The Decision Taken
RESOLVED:
(1) That the Council's tax base for the year 2019/20 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 tax base for the year 2019/20 shall be 41,889.6 and its constituent elements shall be:
|
|
100% TAXBASE |
99.40% TAXBASE |
|
|
|
|
|
Welwyn Garden City |
17,197.3 |
17,094.1 |
|
Hatfield |
11,663.4 |
11,593.4 |
|
Welwyn |
4,645.0 |
4,617.1 |
|
Ayot St Lawrence |
70.5 |
70.1 |
|
Ayot St Peter |
115.8 |
115.1 |
|
North Mymms |
4,409.9 |
4,383.4 |
|
Essendon |
433.2 |
430.6 |
|
Northaw & Cuffley |
3,075.6 |
3,057.1 |
|
Woolmer Green |
531.9 |
528.7 |
|
|
|
|
|
Total |
42,142.6 |
41,889.6 |
|
|
|
|
(2) Reasons for the Decision
All tax collecting local authorities had to estimate a Council Tax Base for the forthcoming financial year and the methods of estimation were largely prescribed by regulation.
The estimated tax base was the number of taxable homes in the Borough, expressed in Band D equivalent terms, with generally, the higher the tax base for any given level of Council General Fund expenditure, the lower the required Council Tax rate so that a growing tax base was a good thing.
In estimating the tax base for 2019/20, two key assumptions needed to be made, the collection rate which for 2019/20 was assumed to be 99.4% and the growth in the number of Band D equivalent homes which was estimated to be 405 for 2019/20.
To the extent that the actual collection rate or the growth in the number of homes for 2019/20 was different from the estimates this adjusted through the Collection Fund in 2020/21 and any financial impact was borne proportionally by all precepting authorities.
The estimated Band D equivalent tax base for Welwyn Hatfield for 2019/20 was 41,889.6 split between the various settlements.