Decision details

Estimated Surplus/Deficit on the Collection Fund 2015/16

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes


Seek approval for Harrow’s share of surplus/ deficit to be transferred to the General Fund 2016-17.




(1)          an overall net estimated surplus of £2.679m on the Collection Fund, which included a surplus of £5.304m on Council Tax (Harrow share £4.281m) and deficit of £2.625m on Business Rates (Harrow share £0.787m) as at 31 March 2016, be noted; 


(2)          Harrow’s share of £3.5m be agreed and this be transferred to the General Fund in 2016-17.


Reason for Decision:  To adhere to the Council’s statutory obligation to estimate the surplus or deficit on the Collection Fund for the year end and as a major part of the annual budget review process.


Alternative Options Considered and Rejected:  As set out in the report.


Conflict of Interest relating to the matter declared by Cabinet Member/Dispensation Granted:  None.

Report author: Dawn Calvert

Publication date: 11/12/2015

Date of decision: 10/12/2015

Decided at meeting: 10/12/2015 - Cabinet

Effective from: 19/12/2015

Accompanying Documents: