Financial documents

You can view and download our key financial documents.

Council Tax Financial Information

Information on the Council’s budget and Council tax requirement for the financial year 2021/22 can be found in our Council Tax leaflet.

You can also find information on the 2021/22 budget and spending requirements for the West Midlands Police and Crime Commissioner, West Midlands Fire and Rescue Authority and Transport for West Midlands (TfWM), the transport arm of the West Midlands Combined Authority, and how these affect the council tax you pay.

Medium Term Financial Strategy 2021/22 - 23/24

The Medium Term Financial Strategy (MTFS) sets out the Council's approach to medium term financial planning and supports the delivery of the objectives and programmes set out in the Council Plan. It is designed to help provide a stable financial base from which to deliver the Council's priorities, to move towards a more strategic longer term planning approach and to set a sound financial planning framework for the Council.

The refreshed MTFS is supported by the Revenue Strategy, which includes details of the budget for 2021/22, together with the Corporate Capital Strategy and the Treasury Management Strategy.

The Corporate Capital Strategy incorporates the Council’s strategy on the flexible use of capital receipts, which sets out how the Council could use any capital receipts from the sale of property, plant or equipment assets to fund the costs of service reform.

The Statement of Accounts

The Council’s Statement of Accounts for 2020/21 was approved by the Council’s Governance Committee on 23 September 2021 and was fully signed off after the completion of the external audit on 30 September 2021. This document includes our external auditor Grant Thornton’s independent audit report and audit certificate, the narrative report and all of the Council's financial statements, including the Comprehensive Income and Expenditure Statement for the financial year and the Balance Sheet as at 31 March 2021.

The audit cannot be fully concluded until the Whole of Government Accounts and Value for Money reviews are completed. The Value for Money review is expected to be completed in November however the Whole of Government Accounts return will not be released until at least December 2021 and will then need to be completed and subject to audit.

Once these are both completed, we will post the Notice of Conclusion of the Audit.

The Annual Governance Statement

The Council’s Annual Governance Statement for 2020/21 was approved by the Council’s Governance Committee on 28 July 2021.

The preparation and publication of an Annual Governance Statement (AGS) is a statutory requirement. The AGS is the formal statement that recognises records and publishes the Council’s governance arrangements. It is an open and honest self-assessment of Solihull Metropolitan Borough Council’s (SMBC) performance across all of its activities, with a clear statement of the actions being taken or required to address areas of concern.

Financial Monitoring Reports

The Council's quarterly financial monitoring reports for revenue and capital can be accessed through the Cabinet Meeting Agendas for individual Cabinets. These are normally presented at a meeting two months following the end of the quarter.

Historical documents

We also publish the following documents from previous years. 

Information from earlier years is also available on request, by emailing or you can telephone 0121 704 6245.