Our annual statement of accounts gives details of our revenue and capital expenditure, along with information about our assets and liabilities.
Revenue spending funds the day-to-day provision and delivery of services and running costs through the year. It's funded from government grants, Council Tax, business rates and other income.
Capital expenditure (such as the re-roofing of a council house) is spending on items of benefit to the community for longer than one year. It's financed by loans, grants, capital receipts and contributions from revenue.