68 CALCULATION OF BRADFORD'S COUNCIL TAX BASE AND BUSINESS RATES BASE FOR 2020-21 
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The Director of Finance will submit a report (Document “AI”) which estimates the Council’s Council Tax and Business Rates bases for 2020-21. These bases in turn determine the amount of taxation raised in 2020-21.
Recommended –
(1) That the number of Band D equivalent properties for 2020-21 for the whole of the Bradford Metropolitan District be set at 144,350 (as set out in Appendix A, line 13 to Document “AI”).
(2) That the Council Tax Base for 2020-21 for each Local Council as set out in Appendix B to Document “AI” be approved.
(3) That the share of Business Rates income for 2020-21, including the 2019-20 anticipated surplus, be approved as follows (as set out in Appendix C to Document “AI”, line w, x & y):
50% is paid to Central Government - £66.683m
1% is paid to the West Yorkshire Fire Authority - £1.341m
49% is retained by the Council - £66.085m
(4) That authority be delegated to the Section 151 officer in consultation with the Leader of the Council to make any necessary amendments to the Business Rates estimate arising from the completion of the 2020-21 NDR1 form and to include the amended figures in the 2020-21 Budget papers for Council.
Overview and Scrutiny Committee: Corporate
(Martin Stubbs – 01274 432056)
Decision:
Resolved –
(1) That the number of Band D equivalent properties for 2020-21 for the whole of the Bradford Metropolitan District be set at 144,350 (as set out in Appendix A, line 13 to Document “AI”).
(2) That the Council Tax Base for 2020-21 for each Local Council as set out in Appendix B to Document “AI” be approved.
(3) That the share of Business Rates income for 2020-21, including the 2019-20 anticipated surplus, be approved as follows (as set out in Appendix C to Document “AI”, line w, x & y):
50% is paid to Central Government - £66.683m
1% is paid to the West Yorkshire Fire Authority - £1.341m
49% is retained by the Council - £66.085m
(4) That authority be delegated to the Section 151 officer in consultation with the Leader of the Council to make any necessary amendments to the Business Rates estimate arising from the completion of the 2020-21 NDR1 form and to include the amended figures in the 2020-21 Budget papers for Council.
ACTION: Director of Finance
Overview and Scrutiny Committee: Corporate
(Martin Stubbs – 01274 432056)
Minutes:
The Director of Finance submitted a report (Document “AI”) which estimated the Council’s Council Tax and Business Rates bases for 2020-21. These bases in turn would determine the amount of taxation raised in 2020-21.
The Head of Financial Accounting and Systems gave an overview of the report, and the Leader stressed that Business Rates were set by Government and the previous Business Rates pool was now coming to an end and we awaited the details of what the new arrangements would be.
Resolved –
(1) That the number of Band D equivalent properties for 2020-21 for the whole of the Bradford Metropolitan District be set at 144,350 (as set out in Appendix A, line 13 to Document “AI”).
(2) That the Council Tax Base for 2020-21 for each Local Council as set out in Appendix B to Document “AI” be approved.
(3) That the share of Business Rates income for 2020-21, including the 2019-20 anticipated surplus, be approved as follows (as set out in Appendix C to Document “AI”, line w, x & y):
50% is paid to Central Government - £66.683m
1% is paid to the West Yorkshire Fire Authority - £1.341m
49% is retained by the Council - £66.085m
(4) That authority be delegated to the Section 151 officer in consultation with the Leader of the Council to make any necessary amendments to the Business Rates estimate arising from the completion of the 2020-21 NDR1 form and to include the amended figures in the 2020-21 Budget papers for Council.
ACTION: Director of Finance
Overview and Scrutiny Committee: Corporate
