Statement of Accounts 2011/2012 - Blackburn with Darwen Borough ...

COLLECTION FUND INCOME AND EXPENDITURE STATEMENT
The Collection Fund Statement is an agent’s statement that reflects the statutory obligation for billing
authorities to maintain a separate Collection Fund in accordance with section 89 of the Local Government
Finance Act 1988 (as amended by the Local Government Finance Act 1992). The Collection Fund shows
the transactions of the billing authority in relation to the collection from taxpayers and distribution to local
authorities and the Government of council tax and non-domestic rates.
2010/11 2011/12
£’000 Income Notes £’000 £’000
44,506 Income from Council Tax 1 43,787
14,583
Transfer from General Fund in respect of
Council Tax benefits 14,292
39,143 Income collectable from business ratepayers 2 42,839
Contributions
( 217 ) adjustment of previous years’ Council Tax 3 ( 25 )
98,015 100,893
Expenditure
Precepts and demands
5,763 Lancashire Police Authority 5,806
2,508 Lancashire Combined Fire Authority 2,527
50,089 Blackburn with Darwen Borough Council 50,472
Business rates
38,903 payment to national pool 42,600
240 costs of collection 240
58,805
42,840
Provision
749 for non-collection of Council Tax 260
98,252 101,905
( 237 ) Surplus/(Deficit) for the year ( 1,012 )
17 Fund balance brought forward ( 220 )
( 220 ) Fund balance carried forward ( 1,232 )
Allocated to:
( 189 ) Blackburn with Darwen Borough Council ( 1,058 )
( 22 ) Lancashire Police Authority ( 121 )
( 9 ) Lancashire Combined Fire Authority ( 53 )
( 220 ) ( 1,232 )
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