Neath Port Talbot Council
The Auditor General for Wales' opinion is that the financial statements give a TRUE and FAIR view of the Council's finances.
The Auditor General issued an unqualified opinion on his audit of Neath Port Talbot Council.
The Auditor General's opinion drew attention to a potential uncertainty in the valuation of UK property fund assets which are part the pension fund balance due to the Covid-19 pandemic.
Neath Port Talbot Council prepared its draft financial statements by 29 May 2020 which was 2 weeks before the statutory deadline of 15 June 2020.
The Council has maintained a sustainable financial position to date, it has a good track record of delivering services within agreed budgets and achieved the majority of its planned savings.
The Council invested £34.6m in property, plant and equipment in 2019-20, progressing the 21st Century schools programme and regeneration projects as well as other capital improvements.
Funding and Spending£-76.1 million surplus income
How is the Council funded?
Main groupings of income
Amount of income in particular area
How much has Neath Port Talbot Council spent?
Total: £556.4 Million
A breakdown of the Total Other column in the above chart:
|Total Other||£ Million|
|Education, Leisure and Lifelong Learning||£174.6 Million|
|Social Services, Health and Housing||£121.9 Million|
|Corporate Services||£26.6 Million|
|Other Housing Services||£45.7 Million|
|Other Central Services||£18 Million|
|Community Counil Precepts||£2 Million|
|Precepts and Levies (Poilce and Fire)||£19.7 Million|
|Interest Payable||£22.8 Million|
|Losses on Disposal and Impairment of Non Current Assets||£0.4 Million|
Total: £34.9 Million
StaffStaff Costs £201.7 Million
|Number of employees whose remuneration is over £60,000 per annum||93|
|Highest paid Director||£142,485|
|Ratio between the Council’s highest paid employee and the median position||6:1|
|Termination - number||64|
|Termination - value||1,126,000|
What they own£819.8 Million
|Total Assets||£819.8 Million|
|Property, Plant and Equipment||£709.1 Million|
|Heritage Assets||£1.2 Million|
|Assets Held for Sale||£42.8 Million|
|Cash and Cash Equivalents||£3.3 Million|
Property, Plant and Equipment Breakdown
What they owe£869.4 Million
Borrowing - long term
Borrowing - short term