Use of Resources

This document summarises the accounts for the 2003-4 financial year.

This document summarises the accounts for the 2003-4 financial year.

The Statement of Accounts brings together all of the financial activities of the Council for the year. It summarises the revenue income and expenditure in providing services and shows how it was financed from Council Tax, Government Grants and service users.
The statements have been produced in accordance with the Code of Practice on Local Authority Accounting and the Best Value Accounting Code of Practice.
The Council undertakes a number of major one-off projects that create an asset that have a life beyond one year. Expenditure on capital projects can be financed from a combination of loans, capital receipts,contributions and revenue.

The Statement of Accounts brings together all of the financial activities of the Council for the year. It summarises the revenue income and expenditure in providing services and shows how it was financed from Council Tax, Government Grants and service users. The statements have been produced in accordance with the Code of Practice on Local Authority Accounting and the Best Value Accounting Code of Practice. The Council undertakes a number of major one-off projects that create an asset that have a life beyond one year. Expenditure on capital projects can be financed from a combination of loans, capital receipts,contributions and revenue.

This special accounts summar of the Council's accounts for the financial year 2004-5 tells you how the Council spent its money on services.

The Island vision for the future encapsulates the principles of community leadership, sustainability, high performance and cost effectiveness which are the key drivers in shaping the Council's approach to service delivery. This document sets out how we plan to achieve this.

The Council's approach to efficiency is based on collaboration with a range of partners, both public and private sector, maximising the use of existing assets and resourses, and where possible obtaining cost efficiencies whilst at the same time furthering our strategic objectives.

The Council's approach to efficiency is based on collaboration with a range of partners, both public and private sector, maximising the use of existing assets and resources, and where possible obtaining cost efficiencies whilst at the same time furthering our strategic objectives. The key actions set out below are underway in the current year, but in some cases will produce an impact in future years.

The original submission made in April 2005 was a high level submission designed around delivering broad themes for identifying efficiency savings. During the first 6 months of the year, and whilst compiling the 2004/05

This is the Annual Audit and Inspection Letter 2004-05

Audit Commission Letter June 2007

Detailed Budget book for the financial year 2005-06

This Budget Book is a detailed analysis of the Council’s overall budget, the budget for each service, and how the budget is funded. The structure of the budget follows the Service Expenditure Analysis as set out in CIPFA’s Best Value Accounting Code of Practice and therefore does not reflect the Council’s management structure or Cabinet responsibilities.

Detailed Budget book for the financial year 2007-08

Budget Book 2008-09

Capital Strategy 2007-2013 - added 11/04/2007

The CIPFA Service Improvement Service Managers Briefing Document (2006 revision)

A spreadsheet representation of Council Tax and NNDR Collection Rates

the Audit Commissions guidance to your rights relating to the Councils Accounts (June 2006 Revision)

this is the Isle of Wight Councils Current Council Tax Leaflet.

Medium Term Financial Plan 2006/07 to 2009/10

Medium Term Financial Plan 2007/08 to 2010/11

One Island Strategic Review added 11/04/07

Pension Fund Summary of Accounts 2005-06

The Statement of Accounts Key Distribution List

Detailed procedures on the running of the Council.