Denbighshire County Council
The Auditor General for Wales' opinion is that the financial statements give a TRUE and FAIR view of the Council's finances.
The council has maintained a sustainable financial position to date but will need to continue to deliver savings to meet anticipated budget pressures. The council has identified budget savings of £4.4m for the 2020/21 financial year and projections for future years.
The Council spent £34m acquiring new property, plant and equipment and maintaining and enhancing existing assets.
The Council's outstanding debt at 31st March 2020 was £256.1m, investment balances were £22.9m and a further £6.0m was held in a bank account.
The council established a wholly owned trading company known as Denbighshire Leisure Ltd in 2019. The company became operational in April 2020.
The Auditor General's opinion drew attention to potential uncertainty in the valuation of property assets and also pooled proprety assets which are part of the pension fund liability balance due to the Covid-19 pandemic.
Funding and Spending£-151.3 million surplus income
How is the Council funded?
Main groupings of income
Amount of income in particular area
How much has Denbighshire County Council spent?
Total: £374.6 Million
A breakdown of the Total Other column in the above chart:
|Total Other||£ Million|
|Employee Benefits Expenses||£148 Million|
|Employee Expenses of V A Schools||£5.3 Million|
|Other Service Expenses||£155.2 Million|
|Depreciation, Impairment and Revaluation Losses||£30.3 Million|
|Interest Payments||£17.8 Million|
|Precepts and Levies||£18 Million|
Total: £33.9 Million
StaffStaff Costs £148.3 Million
|Number of employees whose remuneration is over £60,000 per annum||45|
|Highest paid Director||£129,694|
|Ratio between the Council’s highest paid employee and the median position||5.66:1|
|Termination - number||57|
|Termination - value||697,458|
What they own£619.7 Million
|Total Assets||£619.7 Million|
|Property, Plant and Equipment||£533.2 Million|
|Investment Property||£7.6 Million|
|Short Term Investments||£22.9 Million|
|Cash and Cash Equivalents||£3.6 Million|
|Other Assets||£18.8 Million|
Property, Plant and Equipment Breakdown
What they owe£583.4 Million
Borrowing - long term
Borrowing - short term