2. Financial information 2023/24
Final Accounts 2023/24
The annual outturn report and accounts set out our overall financial position, detailing the financial transactions relating to our activities for the last financial year. The financial statements are prepared in accordance with the CIPFA Code of Practice on Local Authority Accounting. The statement of accounts is independently audited and certified by Grant Thornton, who produces an annual audit letter.
EDDC Audit of Accounts Public Inspection Notice 2023/24
EDDC Statement of Accounts 2023/24 - DRAFT
Our spending plans 2023/24
East Devon spending plans for 2023/24 is detailed in the Council's approved Revenue and Capital Estimates 2023-2024
Treasury Management
Treasury management is the management of the local authority’s investments and cash flows, its banking, money market and capital market transactions; the effective control of the risks associated with those activities; and the pursuit of optimum performance consistent with those risks.
The Treasury Management Strategy covers:
the capital plans (including prudential indicators);
a minimum revenue provision (MRP) policy (how residual capital expenditure is charged to revenue over time);
the treasury management strategy (how the investments and borrowings are to be organised) including treasury indicators; and
an investment strategy (the parameters on how investments are to be managed).
Treasury Management Strategy Statement 2023/24
The Council also has an approved Capital Strategy which draws together various adopted strategies and agreed process of the Council that govern how the Council manages capital expenditure and investment decisions. The Capital Strategy brings these areas together in one overarching document.