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. Below is a summary of each of the documents.
Council Tax Financial Information
Information on the Council’s budget and Council tax requirement for the financial year 2019/20 can be found in our Council Tax leaflet.
You can also find information on the 2019/20 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 and Efficiency Plan 2019/20 - 2021/22
The Medium Term Financial Strategy and Efficiency Plan sets out the Council's approach to medium term financial planning. 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.
Solihull Council’s Efficiency Plan for the four years from 2016/17 to 2019/20 was first approved by Full Cabinet on 11 August 2016. The latest version of the plan is represented by the updated Medium Term Financial Strategy and Efficiency Plan and the Council Plan.
The refreshed MTFS is supported by the Revenue Strategy, which includes details of the budget for 2019/20, 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 Accounting Statement
The Council’s Draft Accounting Statement for 2018/19 will be presented for approval by the Council’s Governance Committee 25 June 2019. This document is now subject to audit by the Council’s external auditors Grant Thornton.
The inspection period for the Draft Accounting Statement and Draft Annual Governance Statement of Solihull MBC has been set. You can view the Inspection period document.
The Draft Accounting Statement, other documents and the Draft Annual Governance Statement will be available for inspection from Tuesday 28 May to Monday 8 July 2019 between 9.00am and 4.30pm on weekdays.
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 Annual Governance Statement
The Council’s Draft Annual Governance Statement for 2018/19 will be presented for approval by the Council’s Governance Committee 25 June 2019.
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 both 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.