87 Calculation and Setting of the Council Tax Base for 2017/18 PDF 72 KB
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Minutes:
The Cabinet Member for Finance, Growth and Investment introduced the annual Council Tax Base setting report for the 2017/18 financial year.
The Cabinet Member advised that the number of Band D equivalent properties had increased by 1,528.56 compared to 2016/17, which would generate additional income of £1.65m based on the current rate of Council Tax and help to mitigate the effects of the budget cuts imposed by the Government.
The Cabinet resolved that, in accordance with the Local Authorities (Calculation of Tax Base) (England) Regulations 2012, the amount calculated by the London Borough of Barking and Dagenham Council as its Tax Base for the year 2017/18 shall be 47,273.13 Band ‘D’ properties.