The Finance (Local Property Tax) Act 2012 (as amended) makes specific provision that elected members of a local authority may pass a formal resolution to vary the basic rate of the Local Property Tax for their administrative area by a percentage known as the local adjustment factor.
The Council will meet to consider the setting of a Local Adjustment Factor for 2027. Members must decide whether to retain the variation agreed in 2025, agree an alternative variation, or apply no variation.