Agenda item

To consider the report of the head of finance on the setting of the council tax for the 2025/26 financial year – report to follow.

Council considered the report of the head of finance on the setting of the Council Tax for the 2025/26 financial year.

In accordance with regulations requiring councils to record the names of those members voting in favour, against or abstaining from any vote on the council tax the chair called for a recorded vote which was carried with the voting being as follows:

RESOLVED:

1.    To note that at its meeting on 18 December 2024 the council calculated the council tax base 2025/26:

(a) for the whole council area as 59,151.5 [Item T in the formula in Section 31B of the Local Government Finance Act 1992, as amended (the “Act”)]; and

(b) for dwellings in those parts of its area to which a parish precept relates as in column 1 of appendix 1.

2.    That the council tax requirement for the council’s own purposes for 2025/26 (excluding parish precepts) is £9,564,206 3.

3.    That the following amounts be calculated for the year 2025/26 in accordance with Sections 31 to 36 of the Act:

(a) £93,225,640 being the aggregate of the amounts which the council estimates for the items set out in Section 31A(2) of the Act taking into account all precepts issued to it by parish councils.

(b) £77,719,616 being the aggregate of the amounts which the council estimates for the items set out in Section 31A(3) of the Act.

(c) £15,506,024 being the amount by which the aggregate at (3)(a) above exceeds the aggregate at (3)(b) above, calculated by the council, in accordance with Section 31A(4) of the Act as its council tax requirement for the year. (Item R in the formula in Section 31B) of the Act).

(d) £262.14 being the amount at (3)(c) above (Item R), all divided by Item T (1(a) above), calculated by the council, in accordance with Section 31(B) of 2 the Act, as the basic amount of its council tax for the year (including parish precepts).

(e) £5,941,818 being the aggregate amount of all special items referred to in Section 34(1) of the Act, as set out in column 2 of appendix 1.

(f) £161.69 being the amount at (3)(d) above less the result given by dividing the amount at (3)(e) above by Item T (1(a) above), calculated by the council, in accordance with Section 34(2) of the Act, as the basic amount of its council tax for the year for dwellings in those parts of its area to which no parish precept relates.

4.    To note that for the year 2025/26 Oxfordshire County Council has stated the following amounts in precepts issued to the council, in accordance with Section 40 of the Local Government Finance Act 1992, for each of the categories of dwellings shown below:

Band A £1,274.27

Band B £1,486.64

Band C £1,699.02

Band D £1,911.40

          Band E £2,336.16

Band F £2,760.91

Band G £3,185.67

Band H £3,822.80 5.

5.    To note that for the year 2025/26 the Police and Crime Commissioner for Thames Valley has stated the following amounts in precepts issued to the council, in accordance with Section 40 of the Local Government Finance Act 1992, for each of the categories of dwellings shown below:

Band A £188.85

          Band B £220.33

Band C £251.80

Band D £283.28

          Band E £346.23

Band F £409.18

Band G £472.13

Band H £566.56 6.

6.    That the council, in accordance with Sections 30 and 36 of the Local Government Finance Act 1992, hereby sets the aggregate amounts shown in appendix 3 as the amounts of council tax for 2025/26 for each part of its area and for each of the categories of dwellings shown in appendix 3.

7.    To determine that the council’s basic amount of council tax for 2025/26 is not excessive in accordance with principles approved under Section 52ZB Local Government Finance Act 1992.