2011/2012 audited annual accounts - Falkirk Council
2011/2012 audited annual accounts - Falkirk Council
2011/2012 audited annual accounts - Falkirk Council
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3(b). Amounts Reported for Resource Allocation Decisions 2010/11<br />
FALKIRK COUNCIL<br />
The analysis of income and expenditure by service on the face of the Comprehensive Income and Expenditure Statement is that specified by the Service Reporting Code of Practice. However, decisions<br />
about resource allocation are taken by the <strong>Council</strong> on the basis of budget reports analysed across Service portfolios. These reports are prepared on a different basis from the accounting policies used in the<br />
financial statements.<br />
In particular:<br />
o The cost of retirement benefits is based on cash flows (payment of employer’s pensions contributions) rather than current service cost of benefits accrued in the year.<br />
The income and expenditure of the <strong>Council</strong>’s principal portfolios recorded in the budget reports for the year is as follows:-<br />
Portfolio Income and Expenditure<br />
Social Development Community<br />
Corporate<br />
& N'Hood Misc. Joint Trading<br />
Other<br />
2010/11 Education Work Services Services Services Services Boards Accounts HRA Costs Total<br />
£’000 £’000 £’000 £’000 £’000 £’000 £’000 £’000 £’000 £’000 £’000<br />
Income (22,733) (32,172) (19,352) (9,628) (62,725) (4,472) - (39,011) (49,431) - (239,524)<br />
Total Income (22,733) (32,172) (19,352) (9,628) (62,725) (4,472) - (39,011) (49,431) - (239,524)<br />
Employee Expenses 97,351 37,665 15,161 13,270 17,400 3,951 - 16,418 6,483 - 207,699<br />
Property Expenses 11,973 2,265 3,062 4,731 1,620 707 - 391 22,155 - 46,904<br />
Transport Expenses 3,132 1,116 666 180 7,632 - - 3,957 34 - 16,717<br />
Supplies & Services 12,618 2,923 5,429 3,784 5,334 1,276 - 7,460 3,192 - 42,016<br />
Third Party Expenses 29,853 59,318 15,374 557 1,307 3,707 22,297 8,021 1,288 - 141,722<br />
Transfer Payments 757 3,371 446 - 38,684 - - - - - 43,258<br />
Support Costs 19,166 7,058 4,827 3,702 4,325 5,471 - 1,241 3,528 (466) 48,852<br />
Capital Charges 8,026 584 3,601 2,027 2,062 15 - 143 12,294 1,134 29,886<br />
Exceptional Item - - - - - 3,629 - - - - 3,629<br />
Total Expenditure 182,876 114,300 48,566 28,251 78,364 18,756 22,297 37,631 48,974 668 580,683<br />
Net Expenditure 160,143 82,128 29,214 18,623 15,639 14,284 22,297 (1,380) (457) 668 341,159<br />
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