Gwynedd Council

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


The Council received £7.1 million grant funding for 21st century schools
The Auditor General's opinion drew attention to potential uncertainty in the valuation of property assets and also property assets which are part of the pension fund liability balance due to the Covid-19 pandemic
The Council's capital expenditure for the year amounted to £29.0 million
The Council held £78 million of useable reserves at 31 March 2020

Funding and Spending

£-21.7 million surplus income
How is the Council funded?
£422.5 Million
Main groupings of income
Amount of income in particular area
How much has Gwynedd Council spent?
£444.2 Million
Total: £444.2 Million
A breakdown of the Total Other column in the above chart:
Total Other £ Million
Employee costs £183.7 Million
Other service expenses £195.6 Million
Depreciation, amorisation and impairment £27.1 Million
Interest payments £13.7 Million
Precepts and levies £24.1 Million
Gain on disposal of non-current assets £0.0 Million
Gain on disposal of investment property £0.0 Million
Total: £26.1 Million


Staff Costs £157.8 Million
Wage variances
Number of employees whose remuneration is over £60,000 per annum 36
Median remuneration £18
Highest paid Director £114
Ratio between the Council’s highest paid employee and the median position 6.11:1
Termination - number 101
Termination - value 1

What they own

£571.2 Million
Total Assets£571.2 Million
Property, Plant and Equipment£463.0 Million
Investment Property£0.2 Million
Debtors £80.4 Million
Cash and Cash Equivalents£14.9 Million
Other Assets £12.7 Million
Property, Plant and Equipment Breakdown

What they owe

£458.1 Million

Borrowing - long term

£104.3 Million

Borrowing - short term

£21.2 Million