The first step in arriving at a charge per property is to calculate a Band D tax base for each of the districts and city council. This is calculated by the district and city councils themselves and is achieved by multiplying the estimated number of properties at the end of the financial year within each band by the 'Band D Ratio' and adding the results together. The resultant Band D tax base for each district or city council are then amalgamated to produce a total Band D tax base for Cambridgeshire County Council.
|
District / City Council
|
Tax Base 2012-13
|
| Cambridge |
41,012 |
| East Cambridgeshire |
30,000 |
| Fenland |
31,018 |
| Huntingdonshire |
60,125 |
| South Cambridgeshire |
60,793 |
|
Total County Tax Base
|
222,948 |
Next, the Council has to calculate how much we need to raise from Council Tax. Normally, this will depend on how much the Council plans to spend on providing services to the people of Cambridgeshire and how much of this will be supported by Central Government grants and external income.
Of the total gross spend of £472 million that we have budgeted to spend in 2012-13, we will raise £239 million from Council Tax (Council Tax Requirement of £240m less a deficit on the collection fund of £1m). The Council Tax Requirement figure is divided by the Council’s tax base of 222,948 to give a County Council Band D Council Tax of £1,078.65 for 2012-13.