Powys County Council

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

Highlights

As part of the 21st Century Schools Programme the Council officially opened the Brecon High School new building. This is a £21m scheme jointly funded by the Council and the Welsh Government.
The Council supported social, economic and environmental wellbeing with grants totalling £296,000 to 43 local organisations.
Powys 2025 represents the vision for the council and its priorities are clearly laid out and an ambitious Transformation Programme in place to help deliver Vision 2025.
The Council spent £14m on the major refurbishment of Council Dwellings which included fitting homes with 198 new kitchens and 104 new bathrooms. 570 homes were fitted with new double glazed windows.
The Auditor General's Report draws attention to the uncertainties disclosed in the Council’s Financial Statements highlighted by its independent valuers in respect of its Operational Property Assets, Council Dwellings and Investment Properties and its pension fund managers  year-end valuation reports for Pension Fund Property assets they manage on behalf of Powys Pension Fund.
The Council maintains the longest road network in Wales. It spent £7.0m on resurfacing and road safety improvements on its 440kms of Trunk Roads and 5000 kms of County Roads.

Funding and Spending

£-91 million surplus income
How is the Council funded?
£445.4 Million
Main groupings of income
Amount of income in particular area
How much has Powys County Council spent?
£536.4 Million
Total: £536.4 Million
A breakdown of the Total Other column in the above chart:
Total Other £ Million
Adults Services £93.6 Million
Childrens Services £30 Million
Commissioning £10.9 Million
Education £38.4 Million
Highways Transport & Recycling £61.4 Million
Property, Planning & Public Protection £18.9 Million
Regeneration £3.4 Million
Housing & Community Development £11.3 Million
Digital & Communication Services £1.8 Million
Strategy, Performance & Transformation Programmes £1.2 Million
Workforce & OD £2.3 Million
Legal & Democratic Services £4.4 Million
Finance £6.5 Million
Corporate Services £39.7 Million
Housing Revenue Account £20.2 Million
Schools Delegated £88.3 Million
Other Operating Expenditure £33.7 Million
Financing Expenditure £18.3 Million
Total: £52.1 Million

Staff

Staff Costs £169.2 Million
Wage variances
Number of employees whose remuneration is over £60,000 per annum 78
Median remuneration £21,166
Highest paid Director £134,000
Ratio between the Council’s highest paid employee and the median position 6.38:1
Termination
Termination - number 364
Termination - value 1,712,000

What they own

£897.3 Million
Total Assets£897.3 Million
Property, Plant and Equipment£822.6 Million
Heritage Assets£1.3 Million
Investment Property£7.9 Million
Intangible Assets£1.1 Million
Long Term and Short Term Debtors£53 Million
Long Term and Short Term Investments£11 Million
Assets held for sale£2.7 Million
Inventories£1.2 Million
Property, Plant and Equipment Breakdown

What they owe

£771.2 Million

Borrowing - long term

£305.2 Million

Borrowing - short term

£28.4 Million