Finance Services
The Council's Finance Services are delivered by two distinct services which collectively provide a broad range of support and advice relating to the Council's finances.
Accountancy Services
- Budget compilation, budget monitoring, year end accounts;
- Borrowing, leasing, capital accounting, VAT
- Financial systems administration
Revenue and Payment Services
- Benefits, Council Tax collection and cash collection
- Payroll
- Internal Audit
- Payment of Invoices
2011/12 Budget Summary
The Councils total revenue budget for 2011/12 for all Services other than Council Housing amounts to £118.5m. This is funded from Government grants of £95.3m with £21.5m coming from Council Tax and the balance of £1.7m from earmarked resources. The capital programme for General Fund services for 2011/12 has a gross budget of £8.3m, of which £4.9m is funded from Government Grant.
Housing Revenue gross expenditure in 2011/12 is £13.3m. This covers the cost of the Councils housing stock and is fully funded through rental income from council tenants. The associated capital programme for the years 2011/12 to 2014/15 amounts to £21.1m with £6.6m budgeted in 2011/12.
2010/11 Statement of Accounts
In 2010/11 Council spend on Services other than Council Housing amounted to £118.1m. This was met by income from Government grants of £97.8m and sum raised from Council Tax of £21.5m, resulting in a surplus for the year of £1.2m. The Councils general reserve at the end of the year stands at £9.1m. However, £5.5m is earmarked for specific purposes, leaving £3.6m available for new expenditure.
The Housing Revenue Account ended the year with a deficit of £0.7m, compared to a budgeted surplus of £0.7m. This was due to a transfer of funding from revenue to support our capital investment in the housing stock. The accumulated balance on the Housing Revenue Account at the end of the year was £3.6m, which is earmarked to assist with improving the housing stock to achieve the Scottish Housing Quality Standard by 2015.
For further information, you can view or download the Statement of Accounts and the Summary of Accounts by using the links at the bottom of the page.
Publications & Documents
Page & Site Tools
Contact information
For further information about this page please contact:
Finance & Corporate Services
Greenfield House, Tullibody Road, Alloa, FK10 2AD
Tel: 01259 450000 Fax: 01259 452230
Email: corporatedevelopment@clacks.gov.uk
Or use the on-line contact form
