Councillor Patel submits a report which highlights the estimated position of the Collection Fund Account as at 31March 2001. Calculating the estimated surplus or deficit for this account is a statutory requirement. Cabinet is asked to approve the estimated surplus figures and the amounts payable to the relevant authorities.
Minutes:
Councillor Patel submitted a report which highlighted the estimated position of the Collection Fund Account as at 31 March 2001. It was noted that calculating the estimated surplus or deficit for this account was a statutory requirement as the figure needed to be taken into account during the Council Tax setting process.
RESOLVED:
(1)that the estimated Collection Fund surplus figure of £395,000 be approved; and
(2)that the estimated shares payable to the Police Authority and the Council as detailed in the report be approved.