The Local Government Changes for England (Council Tax) (Transitional Reduction) Regulations 1997

Adjusted council tax

4.—(1) Subject to sub-paragraph (2) below, the adjusted council tax of an existing or transferred area shall be calculated by the Secretary of State to the nearest penny, any half penny being rounded up, by aggregating the formulae in paragraphs (a) and (b) below—

(a)

where—

• P is the existing billing authority’s budget requirement for the financial year beginning on 1st April 1996 calculated by the authority in accordance with section 32 of the 1992 Act and Regulations made under that section,

• R is the aggregate of the amounts payable to the existing billing authority in the financial year beginning on 1st April 1996 in respect of Revenue Support Grant and the Distributable Amount, referred to in sections 2 and 5 of the Finance Report, and calculated by reference to that report,

• S is the aggregate of the amounts of any precepts from local precepting authorities issued to, or anticipated by, the existing billing authority in relation to the financial year beginning on 1st April 1996 and taken into account by it under section 32(6) of the 1992 Act, and

• T is the council tax base of the existing billing authority for the financial year beginning on 1st April 1996, and

where—

• P is the existing billing authority’s budget requirement for the financial year beginning on 1st April 1996 calculated by the authority in accordance with section 32 of the 1992 Act and Regulations made under that section,

• R is the aggregate of the amounts payable to the existing billing authority in the financial year beginning on 1st April 1996 in respect of Revenue Support Grant and the Distributable Amount, referred to in sections 2 and 5 of the Finance Report, and calculated by reference to that report,

• S is the aggregate of the amounts of any precepts from local precepting authorities issued to, or anticipated by, the existing billing authority in relation to the financial year beginning on 1st April 1996 and taken into account by it under section 32(6) of the 1992 Act, and

• T is the council tax base of the existing billing authority for the financial year beginning on 1st April 1996, and

(b)

where—

• Pc is the existing county’s budget requirement for the financial year beginning on 1st April 1996 calculated by the county in accordance with section 43 of the 1992 Act and Regulations made under that section,

• Rc is the aggregate of the amounts payable to the existing county in the financial year beginning on 1st April 1996 in respect of Revenue Support Grant and the Distributable Amount, referred to in sections 2 and 5 of the Finance Report, and calculated by reference to that report, and

• Tc is the council tax base of the existing county for the financial year beginning on 1st April 1996.

where—

• Pc is the existing county’s budget requirement for the financial year beginning on 1st April 1996 calculated by the county in accordance with section 43 of the 1992 Act and Regulations made under that section,

• Rc is the aggregate of the amounts payable to the existing county in the financial year beginning on 1st April 1996 in respect of Revenue Support Grant and the Distributable Amount, referred to in sections 2 and 5 of the Finance Report, and calculated by reference to that report, and

• Tc is the council tax base of the existing county for the financial year beginning on 1st April 1996.

(2) Where the existing or transferred area is situated in the area of an authority referred to in paragraph 3(2)(b) above, the adjusted council tax shall be calculated by the Secretary of State to the nearest penny, any half penny being rounded up, according to the following formula—

where

• Pc, Rc and Tc have the same meanings as in sub-paragraph (1)(b) above.