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2023-2024 draft accounts published on time

Office at millmead

After a challenging start to the last financial year, we've published our unaudited statement of accounts for 2023-2024. 

Accounts published on time

Newly appointed Joint Strategic Director of Finance and Section 151 Officer, Richard Bates, has fulfilled the commitment to residents and councillors.

The publication of these accounts demonstrates we are improving our financial governance.

Increasing transparency and accountability

Other steps we've taken include:

Continued focus on financial management

  • We are investing in building a permanent finance team with the necessary skills to sustain the progress made on our financial position.
  • In February, we set a balanced budget for 2024-2025 with an achievable Medium Term Financial Plan (MTFP).
  • We are now beginning work on next year's budget. This will reflect our forthcoming strategy, which will go to full Council on 23 July 2024.

Joint Strategic Director of Finance and Section 151 Officer, Richard Bates said: 

"I'd like to thank the finance team for their hard work and dedication to bring our finances back under control.

"We're now doing the right things, at the right time and in the right way.

"We've come in within our budget because we budgeted properly and spent in line with our financial plan. We continue to rigorously monitor and manage our budgets."

Read the statement of accounts

Published on: 31 May 2024

Previous releases about our financial situation

22 April 2024: Asset disposal programme strategy approved

8 February 2024: We have agreed our budget for 2024-25

20 December 2023: Statement about the finance settlement

6 December 2023: November update of our financial recovery plan approved

6 October 2023: Financial Recovery Plan moves to next stage

27 September 2023: Latest update on our financial situation September 2023

31 August 2023: Latest update on our financial situation

12 July 2023:  A Statement issued on behalf of our Chief Executive Tom Horwood and [then] Section 151 (Finance) Officer Peter Vickers