Income & Expenditure Account
The services being provided under this Directorate are Financial Planning & Programming, Income Collection, Procurement & Economic Development.While there was a deficit of €549k on the Income & Expenditure Account during 2011 this was after accruing for the unexpected exceptional costs of €646k associated with lump sum pension payments payable to the large number of staff retiring in February 2012 under the early retirement scheme.In practical terms, the Council effectively kept to budget during 2011 on a total expenditure budget of approx €80 million.
This budget adherence happened in a period of continued very testing and challenging economic circumstances which has seen very substantial reductions in Council income, whether central exchequer or locally derived. Budgetary controls operated effectively during 2011 to ensure budget adherence, outside of the exceptional costs referred to above.
Balance Sheet at 31st December 2011
The Council has a strong balance sheet at the end of 2011 and its financial position has strengthened considerably over the period 2000 to 2011. The Council is devoting considerable time and effort to debt collection, and, while collection levels have fallen, Council performance in this area compares well against other local authorities or equivalent private sector organisations.
Capital Project Funding Arrangements
The Council recently adopted a capital budget for the period 2012 - 2014. This budget outlines the proposed capital projects and related funding sources for the three year period concerned. The Council's ability to progress capital projects across all its service areas is very dependent on sufficient funds being available to commit to the projects in question. This is becoming increasingly difficult given the deterioration in the prevailing economic environment and the severe pressures on national exchequer funding.
Income & Expenditure Account Statement (Kilkenny County Council) For Year Ending 31st December 2011
The Income and Expenditure Account Statement brings together all the revenue related income and expenditure. It shows the surplus/(deficit) for the year.
|
Expenditure by Division |
Gross Expenditure |
Income |
Net
Expenditure |
Net
Expenditure |
|
|
2011 |
2011 |
2011 |
2010 |
|
|
€ |
€ |
€ |
€ |
|
Housing & Building |
13,003,368 |
12,943,870 |
89,498 |
(484,441) |
|
Roads Transportation & Safety |
18,828,362 |
12,921,318 |
5,907,043 |
5,138,625 |
|
Water Services |
15,243,330 |
6,370,922 |
8,872,408 |
7,587,913 |
|
Development Management |
4,792,963 |
1,052,718 |
3,740,246 |
3,660,259 |
|
Environmental Services |
7,912,025 |
2,115,195 |
5,796,830 |
6,413,279 |
|
Recreation & Amenity |
3,636,295 |
327,272 |
3,309,023 |
3,167,188 |
|
Agriculture, Education, Health & Safety |
9,950,039 |
9,503,214 |
446,825 |
288,711 |
|
Miscellaneous Services |
4,282,318 |
1,980,583 |
2,301,736 |
3,012,521 |
|
|
- |
- |
- |
- |
|
|
|
|
|
|
|
Total Expenditure/Income |
77,678,701 |
47,215,092 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Cost of Divisions to be funded from
rates of Local Government Fund |
|
|
30,463,609 |
28,784,053 |
|
Rates |
|
|
11,983,357 |
11,737,796 |
|
Local Government Fund - General Purpose Grant |
|
|
16,202,577 |
17,618,682 |
|
Pension Related Deduction |
|
|
1,325,004 |
1,337,207 |
|
County Charge |
|
|
2,600,000 |
2,750,000 |
|
|
|
|
|
|
|
Surplus/(Deficit) for year before Transfers |
|
|
1,647,330 |
4,659,632 |
|
Transfers from/(to) Reserves |
|
|
(2,196,755) |
(4,676,935) |
|
Overall surplus/(Deficit) for Year |
|
|
(549,425) |
(17,303) |
|
General Reserve at 1st January 2011 |
|
|
(52,637) |
(35,334) |
|
General Reserve at 31st December 2011 |
|
|
(602,062)
|
(52,637) |
Income & Expenditure Account Statement (Kilkenny Borough Council) For Year Ending 31st December 2011
The Income and Expenditure Account Statement brings together all the revenue related income and expenditure. It shows the surplus/(deficit) for the year.
|
Expenditure by Division |
Gross Expenditure |
Income |
Net
Expenditure |
Net
Expenditure |
|
|
2011 |
2011 |
2011 |
2010 |
|
|
€ |
€ |
€ |
€ |
|
Housing & Building |
1,035,539 |
1,563,920 |
(528,382) |
(461,216) |
|
Roads Transportation & Safety |
2,676,443 |
2,471,918 |
204,525 |
(142,533) |
|
Water Services |
2,019 |
- |
2,019 |
(9,932) |
|
Development Management |
728,043 |
93,235 |
634,808 |
897,165 |
|
Environmental Services |
1,583,986 |
283,493 |
1,300,492 |
1,108,763 |
|
Recreation & Amenity |
1,156,988 |
13,758 |
1,143,229 |
1,053,009 |
|
Agriculture, Education, Health & Safety |
(3,856) |
4,735 |
(8,591) |
10,364 |
|
County Charge |
1,964,078 |
903,999 |
1,060,078 |
1,323,771 |
|
|
2,600,000 |
- |
2,600,000 |
2,750,000 |
|
|
|
|
|
|
|
Total Expenditure/Income |
11,743,240 |
5,335,059 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Cost of Divisions to be funded from rates of Local Government Fund |
|
|
6,408,179 |
6,529,364 |
|
Rates |
|
|
6,370,422 |
6,215,696 |
|
Local Government Fund - General Purpose Grant |
|
|
1,401,435 |
1,530,809 |
|
Pension Related Deduction |
|
|
|
|
|
County Charge |
|
|
- |
- |
|
|
|
|
|
|
|
Surplus/(Deficit) for year before Transfers |
|
|
1,522,571 |
1,384,554 |
|
Transfers from/(to) Reserves |
|
|
(1,469,769) |
(1,399,369) |
|
Overall surplus/(Deficit) for Year |
|
|
52,802 |
(14,815) |
|
General Reserve at 1st January 2011 |
|
|
(51,671) |
(36,856) |
|
General Reserve at 31st December 2011 |
|
|
1,131
|
(51,671) |
Procurement
The Procurement Unit is operational since September 2010 and continued its work in 2011. It is involved in directing and controlling all procurement spend. The Unit's objectives are to ensure that a proper procurement process has been completed and that the Council/Borough achieve savings/efficiencies where possible on its procurement activities.
The Procurement Unit provides direction to the Service Area which is undertaking the procurement in question.
To date the Procurement Unit has been involved in about thirty contracts of various sizes to a total value of approx €8.5m - these contracts include both Capital Works projects and consultancies to annual operational type spends. Savings of over €1.5m have been achieved as at December 2011 in respect of both capital and operational spends.
Initiatives undertaken include;
-
"Meet the Buyer " events local business's
-
Participating in the South East Procurement Network
-
Participating in Collaborate Purchasing Arrangements within the SE Region
Savings
Savings to the value of €1.5m have accrued to both Authorities since September 2010 through more efficient procurement methods across many areas;
Of the €1.5m, €600,000 accrued in 2011 in areas such as including Cleaning of Bring Banks, Water Quality Testing, Recycling, JCB Hire without operator, Fixed Line Tender, General Office Stationery ,Water Services Repair Contractors, Photocopier Charges, Sludge Disposal Consultant, Insurance Dividends & discounts, Hire of Centrifuge, Water Quality Testing, Sludge Disposal.
 |
Savings to the value of €1.5m have accrued to both Authorities since September 2010 through more effective procurement methods across many areas |
A number of areas have been progressed in the last year;
-
Revised Procurement Procedures issued in July 2011
-
Staff Training for all staff who carry out Procurement
-
Ongoing assistance and advice to Service Areas
-
Implementing revised invoicing and payment arrangements to ensure cost efficiencies achieved.
-
Centralised approval of Purchasing of Plant & Equipment by Machinery Yard
-
Implementation of National Procurement Service Frameworks and the local drawdown of services from same.
-
Engagement with local business through Chamber of Commerce.
|
|
The Economic Development Unit undertook a number of key initiatives to promote Kilkenny as as location for Kilkenny, including the InvestKilkenny marketing programme. |
