Finance Services
Muir Wilson, Head of Finance
The Council's Finance Services provides a broad range of support and advice relating to the Council's finances. These include:
- Accounting and Budgeting, including budget compilation, budget monitoring and year end accounts;
- Revenues, including benefits, Council Tax collection and cash collection;
- Payroll;
- Internal Audit;
- Corporate Accounting, including borrowing, leasing, capital accounting and VAT;
- Payment of invoices;
- Financial systems administration.
2007/08 budget summary
The Councils total revenue budget for 2007/08 for all Services other than Council Housing amounts to £92.5m This is funded from Government grants of £72.1m with the balance of £20.4m coming from Council Tax. A three year capital programme for General Fund services covering the years 2007/08 to 2009/10 has a gross budget of £30.1m, with £12.4m planned to be spent in 2007/08.
Housing Revenue gross expenditure in 2007/08 is £12.4m. This covers the cost of the Councils housing stock and is fully funded from council tenants. The associated three year capital programme amounts to £24.3m with £9.5m budgeted in 2007/08.
2006/07 Statement of Accounts
In 2006/07 Council spend amounted to £89.56m. This was almost entirely covered by income from Government grants and Council Tax, leaving only a small deficit of £0.12m for the year. The Councils general reserve at the end of the year stands at £3.76m. However, £2.81m is earmarked for specific purposes, leaving only £0.95m available for new expenditure.
The Housing Revenue Account ended the year with a surplus of £0.35m, which was in line with the budgeted position. The accumulated balance on the Housing Revenue Account at the end of the year was £6.42m, which is earmarked to assist with improving the housing stock to achieve the Scottish Housing Quality Standard by 2015.
For further information, you can visit our pages detailing the Summary of Accounts 2006/07. You can also view or download the Statement of Accounts and the Summary of Accounts by using the links at the bottom of the page.
Publications & documents
See also
Contact information
For further information about this page please contact:
Corporate Development Service
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.