The Council approves revenue and capital budgets each year. The budget for the 2019-20 finacial year has been set.
The key part of the budget is the increase in council tax bills for 2019-20 of 2.99%. The increase is to meet the continuing demands of funding children's and adult social care services, an additional precept for the Liverpool City Region while tackling financial pressures caused by the Government's ongoing austerity programme.
In the video below, Council Leader Cllr Ian Maher gives an insight into where the Council gets its funding, where it is spent and the pressures the Local Authority faces. Check out the following guide for a breakdown of where Sefton Council spends its budget and your Council Tax.
The Council has approved the publication of an Efficiency Plan setting out what the Council intends to do to address the financial challenges posed over the medium term from 2016/2017 to 2019/2020.
The Efficiency Plan is available to download below.
Statement of Accounts
The annual Statement of Accounts reports on the Council’s financial position at the end of the year and transactions during the year.
The final Statement of Accounts for the year ended 31 March 2020, has been audited and can be downloaded using the link below.
You can also download the Statement of Accounts for previous years below along with a summary version.
Annual Audit Letter
The Council’s external auditors publish an Annual Audit Letter following the publication of the Statement of Accounts. This is presented to the Council’s Audit and Governance Committee.
Links to the most recent three years' letters are listed below.
Councillors' Allowances and Expenses
The Scheme of Members’ Allowances is made under powers conferred by Section 174 of the Local Government Act 1972 and the Local Authorities (Members’ Allowances) (England) Regulations 2003.
The payment amounts and terms of the scheme are those recommended by an Independent Remuneration Panel, consisting of three non-Councillors.
All Councillors receive a standard basic allowance to cover basic duties and all Council business travel within the borough.
Members may also be nominated to represent Sefton Council on outside bodies, such as the Merseyside Fire and Rescue Authority etc and may receive further allowances from these bodies. Further details are available from the individual body they represent.