Council Financial Documents
Copies of the Council's current financial documents are available to view and download at the right-hand side of this page.
Council Tax Financial Information
Information on the Council’s budget and Council tax requirement for the financial year 2020/21 can be found in our Council Tax leaflet.
You can also find information on the 2020/21 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 2020/21 - 22/23
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 2020/21, 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 Draft Statement of Accounts for 2019/20 will be presented for approval by the Council’s Governance Committee on 25 June 2020. This document is now subject to audit by the Council’s external auditors Grant Thornton. The inspection period for the Draft Statement of Accounts and Draft Annual Governance Statement of Solihull MBC has been set. You can view the Inspection period document here.
The Draft Statement of Accounts, other documents and the Draft Annual Governance Statement will be available for inspection from Tuesday 16 June to Monday 27 July 2020. Due to the on-going Covid-19 pandemic, please contact firstname.lastname@example.org if you wish to view/inspect any documents.
Any objection, and the grounds on which it is being made, must be received by the auditor, in writing with a copy to the Director of Resources and Deputy Chief Executive, within this period. The 2018/19 accounting statement is also available on this page, but if you would like to see a copy of the accounting statement from any other years, please email email@example.com and we will email these to you.
The Annual Governance Statement
The Council’s Draft Annual Governance Statement for 2019/20 will be presented for approval by the Council’s Governance Committee 23 September 2020.
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.