Flintshire 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 undertook £17.5m of long term borrowing from the Public Works Loan Board during 2019-20, to fund capital expenditure schemes.
The Auditor General's opinion drew attention to potential uncertainty in the valuation of property assets and also property assets which are part of the pension fund liability balance due to the Covid-19 pandemic.
The Council built 50 new Council Houses during 2019-20 and plans to build further 71 properties in 2020-21.
The Council has innovative plans to transform its fostering service. Welsh Government granted a capitalisation direction during 2019-20 to fund this.
Funding and Spending£-103.3 million surplus income
How is the Council funded?
Main groupings of income
Amount of income in particular area
How much has Flintshire County Council spent?
Total: £582.3 Million
A breakdown of the Total Other column in the above chart:
|Total Other||£ Million|
|Employee Costs||£195.9 Million|
|Other Service Expenses||£205.5 Million|
|Depreciation, Amorisation and Impairment||£83.6 Million|
|Interest Payments||£13.8 Million|
|Precepts and Levies||£28.6 Million|
|Gain on Disposal of Non-Current Assets||£-0.7 Million|
|Gain on Disposal of Investment Property||£-0.2 Million|
Total: £55.8 Million
StaffStaff Costs £187.2 Million
|Number of employees whose remuneration is over £60,000 per annum||65|
|Highest paid Director||£136,548|
|Ratio between the Council’s highest paid employee and the median position||6.98:1|
|Termination - number||22|
|Termination - value||446,000|
What they own£846.2 Million
|Total Assets||£846.2 Million|
|Property, Plant and Equipment||£723.6 Million|
|Investment Property||£25 Million|
|Long Term Investments||£2.6 Million|
|Cash and Cash Equivalents||£29.1 Million|
|Other Assets||£1.8 Million|
Property, Plant and Equipment Breakdown
What they owe£789.8 Million
Borrowing - long term
Borrowing - short term