To consider the report of the Finance Group Manager (enclosed).

RECOMMENDATIONS TO COUNCIL

1.    That the Council Tax Requirement for 2024/25 be set at £6,526,402.

2.    The District Council Band D Council Tax be set at £189.14, reflecting an increase of 2.99% (£5.49), all other bands being determined in accordance with the relevant Sections of the Local Government Finance Act 1992, as amended.

3.    The precepts and Band D Council Tax for Leicestershire County Council*, the Office of the Police and Crime Commissioner (OPCC), the Combined Fire Authority, and the various Parish Councils within the District, be determined as set out in the following report, with all other bands being determined in accordance with the relevant Sections of the Local Government Finance Act 1992, as amended.

Reason:

The Council is statutorily required to determine its own Council Tax Requirement and to determine the Council Tax for the 2024/25 financial year, after considering precepts set by the other preceptors.

Considered – Report of the Finance Group Manager.

Other options considered:

None – the setting of the Council Tax Requirement is a statutory requirement, and changes to Council Tax Support and discretionary liability must be approved by Full Council.