Council spending and finances

Information about how the Council spends money including the statement of accounts and credit ratings.

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.

Draft Statement of Accounts 2018-19 [PDF] (file size 2.17 MB)
Statement of Accounts 2017-18 [PDF] (file size 1.46 MB)
Notice of conclusion of audit 2017-18 [PDF] (file size 81.19 KB)
Statement of Accounts 2016-17 [PDF] (file size 1.81 MB)
Statement of Accounts 2015-16 [PDF] (file size 2.27 MB)
Notice of conclusion of Audit 2015-16 [PDF] (file size 53.12 KB)
Statement of Accounts 2014-15 [PDF] (file size 2.2 MB)
Notice of conclusion of Audit 2014-15 [PDF] (file size 53.7 KB)

 Annual Audit Letters

Annual Audit letter 2015-16 [PDF] (file size 197.55 KB)
Annual Audit Letter 2014-15 [PDF] (file size 63.98 KB)
Annual Audit Letter 2013-14 [PDF] (file size 453.08 KB)

Capital Programmes

Capital Programme 2017-18 [PDF] (file size 1.02 MB)
Capital Programme 2016-17 [PDF] (file size 1.39 MB)

Revenue Budgets

Revenue Budget 2017-18 [PDF] (file size 1 MB)
Revenue Budget 2016-17 [PDF] (file size 687.13 KB)

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:

Council efficiency plans

Council Efficiency Plan 2016-20 [PDF] (file size 249.62 KB)