Agenda item

To consider the report of the head of finance on the setting of the council tax for the 2024/25 financial year. Following receipt of all the required information the report is being checked by officers prior to despatch.

The report once published will be a draft version subject to Oxfordshire County Council’s agreement of its budget on Tuesday 20 February 2024.

Council considered the report of the head of finance on the setting of the Council Tax for the 2024/25 financial year.

Councillor Barker, the Cabinet member for finance and property assets, introduced the item. He moved and Councillor Rouane, Leader of the council, seconded a motion to approve the recommendations outlined in the report.

In accordance with regulations requiring councils to record the names of those councillors voting in favour, against or abstaining from any vote on the council tax the Chair called for a recorded vote which was carried with the voting being as follows:

RESOLVED:

1.       To note that at its meeting on 14 December 2023 the council calculated the council tax base 2024/25:

(a)      for the whole council area as 62,683.2 [Item T in the formula in Section 31B  of the Local Government Finance Act 1992, as amended (the “Act”)]; and

(b)      for dwellings in those parts of its area to which a parish precept relates as in column 1 of appendix 1.

2.       That the council tax requirement for the council’s own purposes for 2024/25 (excluding parish precepts) is £9,166,791

3.       That the following amounts be calculated for the year 2024/25 in accordance with Sections 31 to 36 of the Act:

(a)           £96,205,984 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.

(b)           £79,487,903 being the aggregate of the amounts which the council estimates for the items set out in Section 31A(3) of the Act.

(c)           £16,718,081 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).

(d)      £266.71 being the amount at (3)(c) above (Item R), all divided by Item T (1(a) above), calculated by the council, in accordance with Section 31B of the Act, as the basic amount of its council tax for the year (including parish precepts).

(d)           £7,551,290 being the aggregate amount of all special items referred to in Section 34(1) of the Act, as set out in column 2 of appendix 1.

(e)           £146.24 being the amount at (3)(d) above less the result given by dividing the amount at (3)(e) above by Item T (1(a) above), calculated by the council, in accordance with Section 34(2) of the Act, as the basic amount of its council tax for the year for dwellings in those parts of its area to which no parish precept relates.

4.       To note that for the year 2024/25 Oxfordshire County Council has stated the following amounts in precepts issued to the council, in accordance with Section 40 of the Local Government Finance Act 1992, for each of the categories of dwellings shown below:

Band A                              £1,213.71

Band B                              £1,415.99

Band C                              £1,618.28

Band D                              £1,820.56

Band E                              £2,225.13

Band F                              £2,629.70

Band G                             £3,034.27

Band H                              £3,641.12

5.       To note that for the year 2024/25 the Police and Crime Commissioner for Thames Valley has stated the following amounts in precepts issued to the council, in accordance with Section 40 of the Local Government Finance Act 1992, for each of the categories of dwellings shown below:

Band A                              £179.52

Band B                              £209.44

Band C                              £239.36

Band D                              £269.28

Band E                              £329.12

Band F                              £388.96

Band G                              £448.80

Band H                              £538.56

6.       That the council, in accordance with Sections 30 and 36 of the Local Government Finance Act 1992, hereby sets the aggregate amounts shown in appendix 3 as the amounts of council tax for 2024/25 for each part of its area and for each of the categories of dwellings shown in appendix 3.

7.       To determine that the council’s basic amount of council tax for 2024/25 is not excessive in accordance with principles approved under Section 52ZB Local Government Finance Act 1992.