Finance



Finance

The Finance Department is responsible for the short and long-term financing of the Council's operations, both of a Revenue and Capital nature. This encompasses monitoring and control of income and expenditure in all areas, arranging long-term borrowing and leasing requirements and investment of surplus funds.

 

It is also concerned on a daily basis with accounting for all money paid by, or to, the Council. The Council's revenue or day-to-day expenditure is defrayed from sources such as Commercial Rates, Commercial Water Charges, Government Grants and various other forms of income such as housing rents, planning application fees etc., The amount of capital money available is dependent on Government allocations in the areas of Housing, Roads and Environmental Services, etc.

 

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