Annual Report 2011 - Roscommon County Council

More documents

Recommendations

Info

The Finance Section is responsible for the following: Finance gg gg gg gg Financial management of resources. Collection of income. Production of Statutory Accounts. Motor Taxation. Financial Management The County Council operates a Revenue Account to meet the day to day cost of the organisation and a Capital Account for the provision of assets such as houses, roads and water and sewerage schemes.The level of expenditure for the Revenue Account in 2011 was in the region of €68m, where as the Capital Account was €30m. The estimated value of the County Council’s assets is in the region of €2bn. Income The collection of local income is very important to the local authority as it helps with the financing and delivery of services to our customers. The biggest discretionary income available to Roscommon County Council is Rates. The Annual rate on Valuation (formerly known as the rate in the pound) for 2011 was 74.38, which represented a decrease of one percent on the 2010 rate. The total invoiced for the year was €10,527,686, with a collection rate of 79% being achieved. Financial Statements The statutory accounts are produced in line with the Accounting Code of Practice. A surplus of €26,906 resulted in 2011, bringing the overall general reserve to a surplus of €99,815. The account will be audited during 2012 by the Local Government Auditors Office. Motor Taxation 2011 Table 1 illustrates some statistics relating to Motor Taxation in the five year period 2007 to 2011 inclusive: Table 1: Motor Tax Statistics 2007-2011 2007 2008 2009 2010 2011 No. of Vehicle Licences issued 51,502 51,392 53,473 50,644 49,124 No. Driving Licences(Full) 4,596 6,158 4,851 7,396 6,988 No. of Learner Permits issued 3,763 3,374 2,658 2,556 2,593 The figure above of 49,124 vehicle licences issued in 2011 is the number of tax discs issued in the Motor Tax Office in 2011. There were also 21,279 tax discs issued to Roscommon motorists in 2011 by the Motor Tax Online Service, these discs issued directly from the Driver Vehicle and Computer Services Division in Shannon. The total income from Motor Taxation (including Driver Licensing) in the County in 2011 was €10,176,993.00. The total amount paid to the Motor Tax Online Service by Roscommon motorists taxing online in 2011 was €4,489,006.00. Owners of commercial vehicles could renew their tax online (renewal option only) for vehicles whose tax expired on or after the end of November 2011. The Motor Tax Office public opening hours were extended by a half an hour each day with effect from the 24th October 2011. The new opening hours are 9.30a.m. to 1.00p.m. and 2.00p.m. to 4.30p.m., Monday to Friday. 40 Roscommon County Council
Finance Balance Sheet at 31st December 2011 2011 2010 € € Fixed Assets Operational 177,203,551 159,731,022 Infrastructural 1,831,674,699 1,837,765,688 Community 11,676,296 11,720,199 Non-Operational 1,575,000 1,575,000 2,022,129,545 2,010,791,908 Work in Progress and Preliminary Expenses 92,708,878 98,729,960 Long Term Debtors 6,282,269 6,238,155 Current Assets Stocks 93,574 109,951 Trade Debtors & Prepayments 15,905,735 22,014,954 Bank Investments 1,687,334 1,776,589 Cash at Bank - - Cash in Transit 322,193 266,285 Urban Account - - 18,008,836 24,167,779 Current Liabilities (Amounts falling due within one year) Bank Overdraft 1,750,046 3,711,432 Creditors & Accruals 3,682,521 4,155,998 Urban Account - - Finance Leases - - 5,432,567 7,867,430 Net Current Assets / (Liabilities) 12,576,269 16,300,349 Creditors (Amounts falling due after more than one year) Loans Payable 14,997,227 14,573,427 Finance Leases - - Refundable deposits 1,709,277 1,695,749 Other 776,010 769,859 17,482,514 17,039,035 Net Assets 2,116,214,448 2,115,021,338 Represented by Capitalisation Account 2,022,129,545 2,010,791,908 Income WIP 98,004,687 101,895,435 Specific Revenue Reserve 1,723,174 1,723,174 General Revenue Reserve 99,815 72,909 Other Balances (5,742,772) 537,913 Total Reserves 2,116,214,448 2,115,021,338 Annual Report 2011 41
Page 1 and 2: Roscommon County Council Comhairle
Page 3 and 4: Table of Contents Mayor’s Message
Page 5 and 6: Manager’s Introduction 2011 has b
Page 7 and 8: Members of Roscommon County Council
Page 9 and 10: Reports of the Strategic Policy Com
Page 11 and 12: Reports of the Strategic Policy Com
Page 13 and 14: Service Indicators 2011 F: FIRE SER
Page 15 and 16: Service Indicators 2011 WASTE MANAG
Page 17 and 18: Service Indicators 2011 LITTER E7:
Page 19 and 20: Service Indicators 2011 H6: Grants
Page 21 and 22: Service Indicators 2011 P: PLANNING
Page 23 and 24: Service Indicators 2011 G. Percenta
Page 25 and 26: Service Indicators 2011 E. Percenta
Page 27 and 28: Community and Enterprise Roscommon
Page 29 and 30: Corporate and Emergency Services Th
Page 31 and 32: Corporate and Emergency Services He
Page 33 and 34: Corporate and Emergency Services Ci
Page 35 and 36: Development Incentives and Control
Page 37 and 38: Development Incentives and Control
Page 39 and 40: Environmental Protection Roscommon
Page 41: Environmental Protection Overall wi
Page 45 and 46: Finance How the Revenue Budget Was
Page 47 and 48: Housing and Building Rental Accommo
Page 49 and 50: Housing and Building Housing Loans
Page 51 and 52: Human Resources The Human Resources
Page 53 and 54: Human Resources Staff Training and
Page 55 and 56: Information Technology Roscommon Co
Page 57 and 58: Libraries, Arts, Culture and Herita
Page 59 and 60: Libraries, Arts, Culture and Herita
Page 61 and 62: Roads, Transportation and Safety Ro
Page 63 and 64: Roads, Transportation and Safety Pu
Page 65 and 66: Roads, Transportation and Safety gg
Page 67 and 68: Water Services The function of the
Page 69 and 70: Councillors’ Conferences Councill
Page 71 and 72: Councillors’ Conferences Conferen
Page 73 and 74: Councillors’ Committees List of E
Page 75 and 76: Senior Officers Roscommon County Co

Annual Report 2011 - Roscommon County Council

Create successful ePaper yourself

Delete template?

Save as template?