(i) Approve the amount calculated by Southampton City Council as its council tax base for the year commencing 1 April 2015 as 58,824.6 equivalent Band D dwellings.
(ii) Note the level of the Collection Fund Council Tax Surplus to be taken into account in setting the 2015/16 Council Tax at £3,742k. Southampton City Council’s share of the projected surplus is £3,206k.
(iii) Note the level of the Collection Fund Business Rate Surplus to be taken into account at £4,834k. Southampton City Council’s share of the projected surplus is £2,369k
(iv) Approve the NNDR1 estimates for submission to the Department for Communities & Local Government (DCLG) as follows:
|
|
£000 |
|
Net Domestic Rating Income |
94,907.3 |
|
Amount to be paid to Central Government (50%) |
47,453.6 |
|
Amount to be retained by the Council (49%) |
46,504.6 |
|
Amount to be passed to Hampshire Fire and Rescue (1%) |
949.1 |