40. <strong>Council</strong> Tax Income Account FALKIRK COUNCIL NOTES TO THE CORE FINANCIAL STATEMENTS This account shows all the income raised from <strong>Council</strong> Tax. Owners or tenants of domestic properties (with some exceptions) are liable for a banded charge depending on the value of each property. There is a scheme under which those on low incomes are entitled to <strong>Council</strong> Tax Benefit. 2010/11 2010/11 <strong>2011</strong>/12 <strong>2011</strong>/12 £’000 £’000 EXPENDITURE £’000 £’000 1,592 Exemptions 1,589 6,191 Discounts 6,319 8,777 <strong>Council</strong> Tax Benefit 8,817 (8,899) (122) Less: Government Subsidy (8,970) (153) 70 Relief (Persons with a Disability) 68 191 Prior Year Adjustments 129 957 Provisions Against Bad and Doubtful Debts 1,050 8,879 TOTAL EXPENDITURE 9,002 68,522 INCOME Gross <strong>Council</strong> Tax Levied 69,043 68,522 TOTAL INCOME 69,043 59,643 SURPLUS FOR YEAR 60,041 59,643 APPROPRIATED AS FOLLOWS General Fund 60,041 96
41. <strong>Council</strong> Tax Account Disclosures FALKIRK COUNCIL NOTES TO THE CORE FINANCIAL STATEMENTS a) Background <strong>Falkirk</strong> <strong>Council</strong>’s net expenditure, after deducting income from fees and charges, grants, the non-domestic rates pool and excluding expenditure chargeable against other sources of funding, is met from <strong>Council</strong> Tax. <strong>Council</strong> Tax is payable on any dwelling which is not an exempt dwelling (prescribed by an Order made by Scottish Ministers). The amount of <strong>Council</strong> Tax payable depends on the valuation band of a dwelling as entered in the <strong>Council</strong> Tax Valuation List by the Assessor. Discounts and exemptions as specified in legislation can be applied to the gross charge. By law, <strong>Falkirk</strong> <strong>Council</strong> is required to bill and collect water and waste water charges on behalf of Scottish Water. These charges are payable by those persons living in or liable for domestic premises having a public water or waste water connection. These charges are determined by Scottish Water and do not relate to the finances of <strong>Falkirk</strong> <strong>Council</strong>. b) Calculation of the <strong>Council</strong> Tax Base (Per <strong>2011</strong>/12 Budget) Band A * Band A Band B Band C 97 Band D Band E Band F Band G Band H TOTAL No. of Dwellings - 22,262 19,111 6,417 8,198 8,081 4,749 2,132 60 71,010 Exempt Dwellings - 806 353 100 103 54 38 15 1 1,470 Chargeable Dwellings - 21,456 18,758 6,317 8,095 8,027 4,711 2,117 59 69,540 Disabled Reduction Adjusted Chargeable - 105 108 57 62 76 34 13 1 456 Dwellings 105 21,459 18,707 6,322 8,109 7,985 4,690 2,105 58 69,540 Discounts (25%) Discounts (due to being 38 12,323 6,740 2,412 2,227 1,543 606 203 6 26,098 second homes) Discount (long term - 241 144 75 61 61 18 11 3 614 empty properties) Discount (occupied by - 179 62 38 23 30 3 10 1 346 disregarded adults) 1 59 52 23 13 13 6 1 0 168 Not entitled to Discount 66 8,657 11,709 3,774 5,785 6,338 4,057 1,880 48 42,314 Effective Dwellings 95 18,139 16,893 5,651 7,504 7,547 4,525 2,043 55 62,452 Ratio to Band D No. of Band D 5/9 6/9 7/9 8/9 1 11/9 13/9 15/9 2 Equivalents 53 12,093 13,139 5,023 7,504 9,224 6,536 3,405 110 57,087 Add: Estimated Growth in tax base 246 57,333 Less: Dwellings for which collection of <strong>Council</strong> Tax is considered to be doubtful – 97.5% collection 1,433 BUDGETED COUNCIL TAX BASE 55,900 c) The <strong>Council</strong> Tax Charge The actual <strong>Council</strong> Tax is levied according to the Base Band ‘D’ charge and weighted in accordance with ratios detailed above. The charges set for each Band for <strong>2011</strong>/12 are as follows: £ per Band Dwelling A* 594.44 A 713.33 B 832.22 C 951.11 D 1,070.00 E 1,307.78 F 1,545.56 G 1,783.33 H 2,140.00 * Band ‘A’ with Disabled Persons Relief