Council spending and finances

How the Council spends money

Explore our statement of accounts, credit ratings, capital programmes and other aspects of how we spend money.

For consultation: Medium Term Financial Planning – Budget and Service

The Executive Decision Report sets out the Council’s overall budget and Council Tax plans with detailed service proposals for 2018-19. Read the report.

If you have any feedback, please email chris.buss@rbkc.gov.uk.

The Council has approved the budget which sets out its approach to revenue budgeting, council tax and the capital programme. Read more on our business planning pages.

The Council received the highest rating of 'excellent' for the latest (2008) annual Audit Commission assessment on its use of resources. This covers financial reporting, financial management, financial standing, internal control and value for money.

We are also committed to transparency in all our financial dealings. The following links set out all accounts and reports in full, however for specific information about individual transactions, salaries and members allowances, please see 'Transparency in the Council'.

The Finance Information Systems and Property Department is responsible for setting standards and co-ordinating all financial activities within the Council, supported by the Group Finance teams within each Business Group.

Statement of Accounts

Members of the public and local government electors have certain rights in the audit process. Please read the Notice of Public Rights for more information.

Notice of delay in conclusion of audit

Statement of Accounts 2018-19

Annual Audit Letter 2018-19

Statement of Accounts 2017-18

Report to those charged with governance (ISA 260) 2017-18

Statement of Accounts 2016-17

Statement of Accounts 2015-16

Notice of conclusion of Audit 2015-16

Report to those charged with governance (ISA 260) 2015-16

Statement of Accounts 2014-15

Notice of conclusion of Audit 2014-15

Report to those charged with governance (ISA260) 2014-15

 Annual Audit Letters

Annual Audit letter 2015-16

Annual Audit Letter 2014-15

Annual Audit Letter 2013-14

Capital Programmes

Capital Programme 2017-18

Capital Programme 2016-17

Revenue Budgets

Revenue Budget 2017-18

Revenue Budget 2016-17

Standards and Poor's credit rating reports

How we spent your money reports

Pension Fund Report and Accounts

The activities and accounts of the pension fund:

Pension Fund Annual Report and Accounts 2017-18

Pension Fund Annual Report and Accounts 2016-17

Pension Fund Annual Report and Accounts 2015-16

Pension Fund Annual Report and Accounts 2014-15

Council efficiency plans

Council Efficiency Plan 2016-20