Issue - meetings

RESOLVED

(v)      that Maldon District Council’s Council Tax Requirement for 2023 / 24 is set at £5,663,960;

(vi)             that the Maldon District Council’s Band D Council Tax (excluding Parish precepts) is set at £218.75, reflecting an increase of £6.35 (2.99%), all other bands being determined in accordance with the relevant Sections of the Local Government Finance Act 1992, as amended;

(vii)          that the precept demands and level of Band D Council Tax of the Essex County Council, the Essex Police, Fire and Crime Commissioner Fire and Rescue Authority for both Police and Fire, and the various Parish Councils within the District be determined as set out in the report, all other bands being determined in accordance with the relevant Sections of the Local Government Finance Act 1992, as amended;

(viii)          that the Council calculate its Council Tax Base for the year 2023 / 24 as follows:

(a)      for the whole district as 25,892.3 Item T in the formula in Section 31B of the Local Government Finance Act 1992 (the Act), as amended by the Localism Act 2011; and

(b)       for dwellings in those parts of its district to which a Parish precept relates as listed below:

1.       Calculate that the Council Tax Requirement for the Council’s own purposes for 2023/24 (excluding Parish precepts) is £5,664,960.

2.       That the following amounts be calculated by the Council for the year 2022 / 23 in accordance with new Sections 31 to 36 of the Act as amended:

(a)     £28,877,311          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 (i.e. gross expenditure including Parish precepts)

(b)     £21,560,384          being the aggregate of the amounts which the Council estimates for the items set out in Section 31A(3) of the Act (i.e. gross income including government grants)

(c)     £7,316,927           being the amount by which the aggregate at 3(a) above exceeds the aggregate at 3(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) (i.e. Council Tax Requirement including Parish precepts).

(d)     £282.59                  being the amount at 3(c) above (Item R) divided by the amount at 1(a) above (Item T), calculated by the Council, in accordance with Section 31B of the Act, as the basic amount of its  ...  view the full minutes text for item 583