Torfaen County Borough Council
The Auditor General for Wales' opinion is that the financial statements give a true and fair view of the Council's finances.
Highlights

Funding and Spending
£-30.1 million surplus income
How is the Council funded?
£336.5 Million
Main groupings of income
Amount of income in particular area
How much has Torfaen County Borough Council spent?
£366.6 Million
Total: £366.6 Million
A breakdown of the Total Other column in the above chart:
Total Other | £ Million |
---|---|
Council Tax Income | £57.4 Million |
Revenue Support Grant and Non-Domestic Rates | £140.5 Million |
Other Income | £138.6 Million |
Total: £17.4 Million
Staff
Staff Costs £1 MillionWage variances | |
---|---|
Number of employees whose remuneration is over £60,000 per annum | 5 |
Median remuneration | £3 |
Highest paid Director | £2 |
Ratio between the Council’s highest paid employee and the median position | 4:1 |
Termination | |
---|---|
Termination - number | 6 |
Termination - value |
What they own
£368.2 MillionTotal Assets | £368.2 Million |
---|---|
Property, Plant and Equipment | £303.3 Million |
Heritage Assets | £1.4 Million |
Investment Property | £15.0 Million |
Debtors | £37.8 Million |
Short Term Investments | £9.0 Million |
Cash and Cash Equivalents | £0.8 Million |
Assets Held for Sale | £0.3 Million |
Other Assets | £0.6 Million |
Property, Plant and Equipment Breakdown
What they owe
£577.7 MillionBorrowing - long term
£120.9 Million
Borrowing - short term
£5.1 Million