Statements of Accounts are submitted to the Authority annually for approval, within the deadlines specified in the Accounts and Audit Regulations 2003. Statements of Accounts
2012/13 Budget Report in Brief:
| |
2011/12 Original Estimate (£)
|
2011/12 Probable Outturn (£) |
2012/12 Estimate (£) |
| Administration Expenses |
2,936,800 |
2,843,000 |
2,917,200 |
| Investment Expenses |
2,748,900 |
2,333,000 |
2,423,500 |
| Contingencies |
0 |
0 |
0 |
| Total Expenditure Requirement |
5,685,700 |
5,176,000 |
5,340,700 |
| Recharged to: |
| Fund |
5,555,700 |
5,036,000 |
5,195,700 |
| SYPT Pension Fund |
130,000 |
140,000 |
145,000 |
| Total Recharge |
5,685,700 |
5,176,000 |
5,340,700 |
Pensions administration costs are charged direct to the Pensions Fund. The balance of the authority's running costs fall on the District Councils, partly by direct recharges, and partly via the levy, which is shared out on a population basis.
| |
2011/2012
(£m)
|
2012/13
(£m)
|
|
Direct Recharges:
Non-statutory Pensions
- former District Councils
|
12.30 |
12.75 |
|
Levy:
Balance (over) / under recovered
from previous year
|
0.55 |
0.55 |
| Levy |
0.55 |
0.55 |