the expenditure which the authority estimates it will incur in the year in performing its functions and will charge to a revenue account for the year;

such allowance as the authority estimates will be appropriate for contingencies in relation to expenditure to be charged to a revenue account for the year;

the financial reserves which the authority estimates it will be appropriate to raise in the year for meeting its estimated future expenditure;

such financial reserves as are sufficient to meet so much of the amount estimated by the authority to be a revenue account deficit for any earlier financial year as has not already been provided for; and

any amounts which it estimates will be transferred from its general fund to its collection fund pursuant to a direction under subsection (5) of section 98 of the 1988 Act and charged to a revenue account for the year, other than (in the case of an authority in England) any amounts which it estimates will be so transferred pursuant to a direction under that subsection relating to the difference between amounts in respect of community charges credited and charged to a revenue account for any earlier financial year.

the sums which it estimates will be payable for the year into its general fund F2or, as the case may be) council fund and in respect of which amounts will be credited to a revenue account for the year, other than sums which it estimates will be so payable in respect of redistributed non-domestic rates, revenue support grant F3, additional grant F4or relevant special grant or (in the case of the Common Council only) police grant;;

the amount of the financial reserves which the authority estimates that it will use in order to provide for the items mentioned in paragraphs (a), (b) and (e) of subsection (2) above.

payments which must be met from its collection fund under section 90(2) of the 1988 Act or from a trust fund; and

subject to subsection (2)(e) above, sums which have been or are to be transferred from its general fund to its collection fund.

the amount of any precept issued to it for the year by a local precepting authority; and

the amount of any levy or special levy issued to it for the year;

that which the authority estimates it will incur in the financial year referred to in paragraph (a) above or any subsequent financial year in performing its functions and which will be charged to a revenue account for that or any other year.

payments which must be met from a trust fund;

payments to be made to the Secretary of State under paragraph 5 of Schedule 8 to the 1988 Act or regulations made under paragraph 5(15) of that Schedule;

payments to be made in respect of the amount of any precept issued by a major precepting authority under Part I of this Act (but not payments to be so made in respect of interest on such an amount); and

payments to be made to another person in repaying, under regulations under the 1988 Act or Part I of this Act, excess receipts by way of non-domestic rates or council tax."

alter the constituents of any calculation to be made under subsection (2) or (3) above (whether by adding, deleting or amending items);

alter the rules governing the making of any calculation under subsection (2) or (3) above (whether by deleting or amending subsections (5) to F10(8B) above, or any of them, or by adding other provisions, or by a combination of those methods).

transferred from its collection fund to its City fund pursuant to a direction under section 98(4) of the 1988 Act in respect of an amount calculated by reference to the provisional amount of its non-domestic rating contribution under Part II of Schedule 8 to that Act; and

credited to a revenue account for the year.

any precept issued to or anticipated by the authority which is or is believed to be applicable to a part of its area and was taken into account by it in making the calculation (or last calculation) in relation to the year under section 32(2) above; and

any expenses of the authority which are its special expenses and were taken into account by it in making that calculation.

provided a resolution of a billing authority to the following effect is in force, the expenses of meeting a levy or special levy issued to or anticipated by it are its special expenses or (if the resolution relates to some only of those expenses) those to which the resolution relates are its special expenses;

any expenses which a billing authority believes will have to be met out of amounts transferred or to be transferred from its collection fund to its general fund, and which arise out of its possession of property held in trust for a part of its area, are its special expenses;

any expenses which a billing authority believes will have to be met out of amounts transferred or to be transferred from its collection fund to its general fund, and which relate to a part of its area, are its special expenses provided that expenses of the same kind which relate to another part of its area are to be met out of property held in trust for that part;

any expenses incurred by a billing authority in performing in a part of its area a function performed elsewhere in its area by the sub-treasurer of the Inner Temple, the under-treasurer of the Middle Temple, a parish or community council or the chairman of a parish meeting are the authority’s special expenses unless a resolution of the authority to the contrary effect is in force; and

provided a resolution of a billing authority to the following effect is in force, the expenses incurred by it in performing in a part of its area a function performed elsewhere in its area by a body with power to issue a levy or special levy to it are its special expenses or (if the resolution relates to some only of those expenses) those to which the resolution relates are its special expenses.

no such resolution may be made unless the body mentioned in subsection (2)(e) above is one in relation to which the billing authority has made under subsection (2)(a) above a resolution which is in force;

the resolution under subsection (2)(e) above may not be made so as to be in force at any time when that under subsection (2)(a) above is not in force;

the fact that the resolution under subsection (2)(a) above relates to all the expenses concerned does not mean that the resolution under subsection (2)(e) above must relate to all the expenses concerned; and

the fact that the resolution under subsection (2)(a) above relates to part of the expenses concerned does not mean that the resolution under subsection (2)(e) above must relate to part, or any particular part, of the expenses concerned.

any expenses incurred by a billing authority and arising in connection with property which it holds in trust for a part of its area are its special expenses;

a Welsh joint planning board constituted under section 2(1B) of the M2Town and Country Planning Act 1990 for a united district which comprises or includes the whole or part of the area of a National Park; or

a special planning board constituted under paragraph 3A of Schedule 17 to the M3Local Government Act 1972F19or

a National Park authority in relation to a National Park in Wales.

the amount calculated under section 32(4) above, or any amount calculated under section 33(1) or 34(2) or (3) above as the basic amount of council tax applicable to any dwelling, would exceed that so calculated in the previous calculations; or

the billing authority fails to comply with subsection (3) below in making the substitute calculations.

it estimates will be payable for the year into its general fund F20or (as the case may be) council fund in respect of additional grant; and

was not taken into account by it in making those calculations.