Financial documents

You can view and download our key financial documents.

Council Tax Financial Information

Information on Solihull Council’s budget and council tax requirement for the financial year 2023/24 can be found in our Council Tax leaflet.

You can also find information on the 2023/24 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 2023/24 - 25/26

The Medium Term Financial Strategy (MTFS) sets out our 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 our priorities, to move towards a more strategic longer term planning approach and to set a sound financial planning framework for Solihull Council.

The refreshed MTFS is supported by the Revenue Strategy, which includes details of the budget for 2023/24, together with the Corporate Capital Strategy and the Treasury Management Strategy.

The Corporate Capital Strategy incorporates our strategy on the flexible use of capital receipts, which sets out how Solihull 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

2022/23

The Council’s 2022/23 Draft Statement of Accounts was approved by the Council’s Governance Committee on 22 June 2023. This document is now subject to audit by the Council’s external auditors, Grant Thornton.

Audit of 2022/23 Accounts - Notice of Delayed Audit

Under section 10 of the Accounts and Audit Regulations 2015, the Council is required to publish our annual Statement of Accounts, Narrative Report, Annual Governance Statement and any audit opinion by 31 July each year. The publishing deadline has been extended for 2022/23 to 30 September 2023.

Under these regulations, the Council is also required to publish a notification if the above documents cannot be published by the 30 September deadline alongside the reasons that it is not possible.

The Council was not able to publish the above audited documents before this deadline. The delay to the conclusion of the 2021/22 accounts has had implications for the 2022/23 audit, meaning that the external audit of a small number of areas is not yet complete. The proposed final Statement of Accounts was presented to the Council’s Governance Committee on 26 September 2023 pending the finalisation of these outstanding items.

The Council will publish the Statement of Accounts and associated documents as soon as reasonably practicable after the receipt of the auditor's final findings report, which is to be issued before the conclusion of the audit.

The Annual Governance Statement

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 Council’s (SMBC’s) performance across all of its activities, with a clear statement of the actions being taken or required to address areas of concern.

The Council’s Annual Governance Statement (AGS) for 2022/23 was approved by the Council’s Governance Committee on 27 July 2023.

2021/22

The Council’s Statement of Accounts for 2021/22 was approved by the Council’s Governance Committee on 26 September 2023 and was fully signed off after the conclusion of the external audit on 2nd October 2023.

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 2022.

As the Audit is now fully concluded, the Council is able to publish the Notice of Conclusion of the Audit for 2021/22.

Auditors Annual Report 2021/22

Audit Committee received the Auditors’ Annual Report for 2021/22 on 9 January 2023. Auditors are required to consider if the Council has appropriate arrangements in place to secure economy, efficiency and effectiveness and outline any recommendations they have against the following criteria:

  • Financial Sustainability
  • Governance
  • Improving Economy, Efficiency and Effectiveness

The Annual Report also includes the outcome of the Audit of our financial statements - the final Audit Opinion is published in the Final Statement of Accounts.

Financial Monitoring Reports

Solihull 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 bss@solihull.gov.uk or you can telephone 0121 704 6245.