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The Vale of Glamorgan Council

Cabinet Meeting: 30 November, 2015

Report of the Leader

Precept Payment Dates 2016-17

Purpose of the Report

  1. To seek approval for the precept payment dates for 2016-17.

Recommendations

  1. That payment due to the Police and Crime Commissioner for South Wales be paid in 12 equal instalments on the last working day of each month.
  2. That payment due to Town and Community Councils be paid in 3 equal instalments on the last working days of April, August and December 2016.

Reasons for the Recommendations

1-2    The dates are determined to optimise the Council's cash flow in line with the regulations. The Council is required to determine its precept payment dates each year and inform the authorities concerned in line with the regulations.

Background

  1. The Council as billing authority is required to notify Precepting Authorities by 31 December 2015 of the proposed precept payment dates for 2016-17.

Relevant Issues and Options

  1. It is proposed that arrangements for Precepting Authorities be the same as in the current year.

Resource Implications (Financial and Employment)

  1. None

Legal Implications (to Include Human Rights Implications)

  1. None

Crime and Disorder Implications

  1. None

Equal Opportunities Implications (to include Welsh Language issues)

  1. None

Corporate/Service Objectives

  1. The setting of the determination of precept payment days supports the Corporate Priority of managing the Council's money efficiently and effectively in order to maximise its ability to achieve service aims and the service objective of providing sound financial management

Policy Framework and Budget

  1. This is a matter for Executive decision.

Consultation (including Ward Member Consultation)

  1. No change has been proposed and the matter has not been subject to consultation.

Relevant Scrutiny Committee

  1. Corporate Resources

Background Papers

None

Contact Officer

Carys Lord

Officers Consulted

Operational Manager Exchequer

Exchequer Manager

Responsible Officer:

Head of Finance

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