Financial management responsibilities

The primary function of the Financial Management Unit (FMU) are:

• The preparation of the annual Statement of Accounts
• The preparation of the Medium term Financial Strategy
• Budgetary control (monitoring income and expenditure against budget)
• The preparation and monitoring of the Capital Programme

FMU also provides a number of other important services, as follows:

• Provision of financial information and advice
• Capital accounting
• Treasury Management
• Monitoring of externally funded projects
• Council Insurances
• Risk management
• Preparation of Government and other returns (eg VAT)
• Maintenance of financial information system