Agenda item

To receive a report seeking to decide the level of Council Tax for 2020/21, following the setting of the GLA precept.

The Director of Finance introduced the report which he advised was seeking approval to the final level of Council Tax for 2020-21.

Members noted that due to the timing of the Greater London Authority (GLA) consideration of its precept, Full Council on 19 February 2020 had agreed to establish the Council Tax Setting Committee on the basis of the Terms of Reference detailed in Appendix B of the report) in order to confirm the formal resolutions agreed in relation to the level of Council Tax set for 2020-21 having taken account of the GLAs final decision relating to its precept.  The GLAs precept had been confirmed on the 24 February 2020 as £332.07 at Band D, with full details of the subsequent Council Tax levels for all property bands detailed in Appendix A of the report.

As no further issues were raised, it was RESOLVED:

(1)        To note the 2020/21 budget agreed by Full Council on 19 February 2020, including a 3.99% council tax increase.

(2)    To note the formal resolution for Brent Council Tax agreed by Full Council on 19 February 2020 that the 2020/21 Brent element of the Council Tax for Band D properties in Brent, including an increase of 3.99%, be set at £1,312.74.

(3)    To note the Greater London Authority precept for 2020/21 of £332.07 for Band D properties, agreed by the Greater London Authority (GLA) on 24 February 2020.

(4)    To agree that the total Council Tax for all Band D properties be set at £1,644.81

(5)    To approve the formal resolution for Council Tax in 2020/21, as detailed below and in Appendix A to the report.

2020/21 Formal Resolution

        In relation to the council tax for 2020/21 we resolve:

        That the following amounts be now calculated as the Council’s element by the Council for the year 2020/21 in accordance with Sections 31 to 36 of the Local Government Finance Act 1992 as amended:

(a) £1,029,121,285  being the aggregate of the amount that the Council estimates for the items set out in Section 31A(2) of the Act.

(b) 900,990,772       being the aggregate of the amounts that the Council estimates for the items set out in Section 31A(3) of the Act.

(c) £128,130,513     being the amount by which the aggregate at (a) above exceeds the aggregate at (b) above, calculated by the Council, in accordance with Section 31A(4) of the Act, as its council tax requirement for the year.

 (d) £1,312.74         being the amount at (c) above, divided by the amount for the tax base of 97,605, agreed by the General Purposes Committee on 9 December 2019, calculated by the Council, in accordance with Section 31B of the Act, as the basic amount of its council tax for the year.

(e)                          Valuation Bands

being the amounts given by multiplying the amount at (d) above by the number which, in the proportion set out in Section 5(1) of the Act, is applicable to dwellings listed in a particular valuation band divided by the number which in that proportion is applicable to dwellings listed in valuation band D, calculated by the Council, in accordance with Section 36(1) of the Act, as the amounts to be taken into account for the year in respect of categories of dwellings listed in different valuation bands.

That it be noted that for the year 2020/21 the GLA precept issued to the Council, in accordance with Section 40 of the Local Government Finance Act 1992, in respect of the GLA, for each of the categories of dwellings are as shown below.  The GLA agreed its precept on 24 February 2020.

That, having calculated the aggregate in each case of the amounts at paragraphs 1.0 and 1.1, the Council, in accordance with Section 30(2) of the Local Government Finance Act 1992, hereby sets the following amounts as the amounts of council tax for the year 2020/21 for each of the categories of dwellings shown below: