The creation of the new combined Devon & Somerset Fire & Rescue Authority from 1 April 2007 requires the Authority to set a level of revenue budget and council tax before the commencement of the forthcoming financial year 2007/08.
At the Budget setting meeting on 12 February 2007, the Shadow Authority approved a total net revenue budget of £67,201,000 for 2007/08, funded as shown in the table below:-
|
(i) Revenue Support Grant (RSG) |
£4,181,105 |
|
|
(ii) National Non-Domestic Rates (NNDR) |
£24,914,132 |
|
(iii) Share of Surplus on Billing Authorities Collection Funds |
£249,831 |
|
(iv) Total Fire and Rescue Authority Council Tax Precepts |
£37,855,932 |
|
TOTAL |
£67,201,000 |
It is a legislative requirement that the Authority informs, by 1 March each year, each of the 15 council tax collecting authorities within Devon & Somerset of the level of council tax for each property valuation band and associated with the precepts due for the year in question (£37,855,932 in 2007/08). These figures are shown in the table below:-
|
Government Multiplier |
|
|
Valuation Band |
Ratio |
% |
Council Tax (£.p) |
|
A |
6/9 |
0.667 |
42.30 |
|
B |
7/9 |
0.778 |
49.35 |
|
C |
8/9 |
0.889 |
56.40 |
|
D |
1 |
1.000 |
63.45 |
|
E |
11/9
|
1.222 |
77.55 |
|
F |
13/9 |
1.444 |
91.65 |
|
G |
15/9 |
1.667 |
105.75 |
|
H |
18/9 |
2.000 |
126.90 |