Decision details

Collection Fund 2014/15

Decision Maker: Cabinet

Decision status: For Determination

Is Key decision?: Yes

Is subject to call in?: Yes


Fund position along with distribution of any surplus / deficit to preceptors


Councillor Phil Davies introduced a report by the Acting Section 151 Officer that estimated the Collection Fund position for the year ending 31 March 2015.  The Cabinet noted that a decision on the distribution of any Collection Fund surplus had to be notified to the precepting bodies by 22 January 2015. 




(1)  the declaration of an estimated £4.389 million surplus balance position for the Council Tax proportion of the Collection Fund for the year ending 31 March 2015 be notified to the precepting bodies;


(2)  the declaration of the 2014/15 NNDR surplus/deficit position and 2015/16 initial forecast be made by the Leader in conjunction with the Acting Section 151 Officer on, or before, 31 January 2015; and


(3)  the Council’s share of this ‘one-off’ distribution of £3.728 million be transferred to the Remodelling/Restructuring Reserve. 

Report author: Tom Sault

Publication date: 22/01/2015

Date of decision: 15/01/2015

Decided at meeting: 15/01/2015 - Cabinet

Effective from: 30/01/2015

Accompanying Documents: