176 COLLECTION FUND SURPLUSES PDF 33 KB
Councillor Patel submits a report identifying the estimated financial position of the Collection Fund Account as at 31 March 2002. The Cabinet is asked to approve the estimated collection fund surplus and to approve the estimated shares payable to the Police Authority as detailed in the report.
Minutes:
Councillor Patel submitted a report that identified the estimated financial position of the Collection Fund Account as at 31 March 2002. The calculation of the estimated surplus or deficit for this account was a statutory requirement as the figure needed to be taken in to account during the Council Tax setting process.
RESOLVED:
(1)that the estimated collection fund surplus figure of £1.2 million be approved; and
(2)that the estimated shares payable to the Police Authority and the City Council as detailed in this report.