Monmouthshire County Council

Monmouthshire County Council2019-20

The Auditor General for Wales' opinion is that the financial statements give a TRUE and FAIR view of the Council's finances.

Audit findings provided assurance on

Total income £272.9 Million
  • Council tax income £75.6 Million
  • Revenue Support Grant and Non-Domestic Rates £93.2 Million
  • Other income £104.1 Million

Council tax income has increased by 6.9% compared to last year

Revenue Support Grant and Non-Domestic Rates have decreased by 0.1% compared to last year

and Other income has decreased by 11.5% compared to last year

Total expenditure £314.9 Million
How much did they spend on revenue expenditure?
£296.1 Million
How much did they spend on capital expenditure?
£18.8 Million
What they own £460.8 Million
Total Assets£460.8 Million
Property, Plant and Equipment£330.2 Million
Investment Property£63.4 Million
Debtors £31.5 Million
Cash and Cash Equivalents£22.4 Million
Investments£5.7 Million
Heritage assets£4.8 Million
Assets held for sale£2.1 Million
Intangible assets£0.2 Million
Inventories£0.5 Million
What they owe £460.5 Million
Total Liabilities£460.5 Million
Pension liability£230.5 Million
Borrowing £187.7 Million
Creditors £27.5 Million
Receipts in advance£5.9 Million
Provisions£5 Million
Other liabilities£2.4 Million
Cash & cash equivalents£1.5 Million

Borrowing - long term £92.6 Million

Borrowing - short term £95.1 Million

Staff Costs
Wage cost
£120.9 Million
£116
£22
5.1 : 1
49
78
£1,678,000

Highlights

The Auditor General's audit certificate drew attention to uncertainties disclosed by the Council over the valuation of land and buildings, investment properties and pension fund assets arising from the COVID-19 pandemic.
The Council's usable reserves have remained stable at £18.1 million at 31 March 2020, with a £1.8 million increase in the general Council Fund (excluding School balances) offset by a similar reduction in other usable reserves.
Two one-off factors played a key role in allowing the Council to maintain its usable reserves at £18.1 million this year: - capitalisation of £3.2 million of expenditure (under WG guidance on the flexible use of capital receipts); and - receipt of £2.3 million due to the Council from HMRC following the 'Ealing' judgement on the VAT status of leisure service expenditure.
Monmouthshire County Council is the only Local Authority in Wales to receive the largest proportion of its funding through Council Tax.
These accounts include the Council's share of interests arising from the Cardiff Capital Region City Deal.
NHS WALES Includes
7 Local Health Boards
  • Aneurin Bevan
  • Betsi Cadwaladr
  • Cardiff and Vale
  • Cwn Taf Morgannwg
  • Hywel Dda
  • Powys
  • Swansea Bay
3 NHS Trusts
  • Public Health Wales
  • Velindre
  • Welsh Ambulance Services
1 Special Health Authority
  • Health Education and Improvement Wales
Primary care services

Healthcare services that you can find in your community, outside of hospital

Healthcare from other providers

Healthcare services that are provided by other organisations, not NHS Wales

Hospital, Community Health Services
    This relates to expenditure on
  • Healthcare services that are provided in hospital
  • A wide range of community services, such as district nursing and palliative care, and health promotion services such as school nursing and health visiting
& by Special Health Authorities

This relates to expenditure incurred by Health Education and Improvement Wales, who have a leading role in the education, training, development and shaping of the healthcare workforce in Wales

Amounts due from the Welsh Government

The Welsh Government will reimburse NHS Wales for any medical negligence claims that are more than £25,000

Special measures

the highest level of escalation that happens where there are concerns that the NHS body needs external support to respond to the serious concerns identified

Ministerial Direction

this is a formal instruction from Welsh Ministers telling the Permanent Secretary to proceed with a spending proposal

Contingent liability

this is a cost that may occur depending on what happens in the future, but the amount cannot be determined at this time

Staff Costs £4.2 billion

staff costs include salary and wages of £3.3 billion, pension costs of £0.6 billion and social security costs of £0.3 billion

Financial duties

Health Boards and NHS Trusts are required to breakeven over a three-year rolling period. The Special Health Authority is required to breakeven each year

Cardiff and Vale

Cardiff and Vale achieved breakeven for the year, but a cumulative three-year deficit means it failed its target