City and County of Swansea Council

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


The Council continues to face a significant financial challenge and needs to deliver its savings plans at the pace and scale required whilst controlling service spending within budgets.
The Council is also responsible for the preparation of annual returns for Swansea Bay Port Health Authority.
The Auditor General's opinion drew attention to potential uncertainty in the valuation of property assets which are part of the pension fund liability balance due to the COVID19 pandemic.

Funding and Spending

£-0.80000000000007 million surplus income
How is the Council funded?
£901.8 Million
Main groupings of income
Amount of income in particular area
How much has City and County of Swansea Council spent?
£902.6 Million
Total: £902.6 Million
A breakdown of the Total Other column in the above chart:
Total Other £ Million
Resources £108.9 Million
People - Social Services £194.5 Million
People - Education £251.7 Million
Place £191.8 Million
Housing Revenue Account £34.3 Million
Total: £121.4 Million


Staff Costs £372.5 Million
Wage variances
Number of employees whose remuneration is over £60,000 per annum 119
Median remuneration £22,776
Highest paid Director £148,584
Ratio between the Council’s highest paid employee and the median position 6.5:1
Termination - number 107
Termination - value 2,096,000

What they own

£1762.8 Million
Total Assets£1762.8 Million
Property, Plant and Equipment£1457.5 Million
Investment Property£55.8 Million
Debtors £86 Million
Short Term Investments£67.6 Million
Cash and Cash Equivalents£56.9 Million
Other Assets £39 Million
Property, Plant and Equipment Breakdown

What they owe

£1480.6 Million

Borrowing - long term

£552.4 Million

Borrowing - short term

£10.9 Million