Isle of Anglesey 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

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.
During 2019-20 the Council purchased 20 former council dwellings to return them to Council House stock and built 20 new units.
The Council increased its investment in Childrens Services by £1.4m.

Funding and Spending

£-35.6 million surplus income
How is the Council funded?
£246.3 Million
Main groupings of income
Amount of income in particular area
How much has Isle of Anglesey County Council spent?
£281.9 Million
Total: £281.9 Million
A breakdown of the Total Other column in the above chart:
Total Other £ Million
Employee costs £98.4 Million
Other service expenses £109.0 Million
Depreciation, amorisation and impairment £13.4 Million
Interest payments £9.3 Million
Precepts and levies £13.7 Million
Gain on disposal of non-current assets £9.4 Million
De-recognition and impairment of financial Assets £0.3 Million
Total: £28.4 Million

Staff

Staff Costs £88.8 Million
Wage variances
Number of employees whose remuneration is over £60,000 per annum 21
Median remuneration £18,810
Highest paid Director £118,000
Ratio between the Council’s highest paid employee and the median position 6.24:1
Termination
Termination - number 73
Termination - value 490,000

What they own

£481.3 Million
Total Assets£481.3 Million
Property, Plant and Equipment£414.5 Million
Heritage Assets£3.6 Million
Investment Property£6.2 Million
Debtors£32.8 Million
Cash and Cash Equivalents£23.0 Million
Other Assets£1.2 Million
Property, Plant and Equipment Breakdown

What they owe

£293.6 Million

Borrowing - long term

£124.4 Million

Borrowing - short term

£16.8 Million