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Financial information

Financial information 2021-02-09T12:07:49+00:00

West of England Combined Authority Budget Information

The following Budget Reports show how much the Combined Authority spends on providing services in the region as well as information on how this spending is funded.

WECA 2017/18 Budget Report (PDF 105kb) (PDF 105kb) agreed at the West of England Combined Authority Committee meeting on 15 March 2017.

WECA 2018/19 Budget Report (PDF 109kb) (PDF 109kb) agreed at the West of England Combined Authority Committee meeting on 2 February 2018.

The 2019/20 budget was approved by the West of England Combined Authority Committee on Friday, 1  February, 2019.

There were 3 reports considered at this meeting that together form the full WECA budget:

Item 11 – Mayoral budget setting report 2019/20

Item 12 – Combined Authority budget 2019/20

Item 14 – Capital strategy including treasury management and investment strategies

Further information about the meeting can be found here: https://westofengland-ca.moderngov.co.uk/ieListDocuments.aspx?CId=141&MId=130

The 2020/21 budget was approved by the West of England Combined Authority Committee and West of England Joint Committee on Friday, 31 January, 2020.

There were 3 reports considered at this meeting that together form the full WECA budget:

Item 19 – Mayoral budget setting report 2020/21

Item 20 – Combined Authority budget 2020/21 and medium term financial forecast

Item 21 – Capital strategy including treasury management and investment strategies

Further information about the meeting can be found here: https://westofengland-ca.moderngov.co.uk/ieListDocuments.aspx?CId=192&MId=438

The 2021/22 budget was approved by the West of England Combined Authority Committee and West of England Joint Committee on Friday, 29 January, 2021.

There were 3 reports considered at this meeting that together form the full WECA budget:

Item 15 – Mayoral budget setting report 2020/21

Item 16 – Combined Authority budget 2020/21 and medium term financial forecast

Item 17 – Capital strategy including treasury management and investment strategies

Further information about the meeting can be found here: https://westofengland-ca.moderngov.co.uk/ieListDocuments.aspx?CId=192&MId=449

LEP Budget Information

The following Budget Reports show how much the LEP spends on providing services in the region as well as information on how this spending is funded.

The 2019/20 budget was approved by the West of England Joint Committee on 1 February 2019.

Item 11 – LEP revenue budget setting report 2019/20

Further information about the meeting can be found here: https://westofengland-ca.moderngov.co.uk/ieListDocuments.aspx?CId=142&MId=136

The 2020/21 budget was approved by the West of England Combined Authority Committee and West of England Joint Committee on  31 January 2020.

Item 12 – LEP revenue budget setting report 2020/21

Further information about the meeting can be found here: https://westofengland-ca.moderngov.co.uk/ieListDocuments.aspx?CId=192&MId=438

The 2020/21 budget was approved by the West of England Combined Authority Committee and West of England Joint Committee on 29 January 2021.

Item 13 – LEP revenue budget setting report 2021/22

Further information about the meeting can be found here: https://westofengland-ca.moderngov.co.uk/ieListDocuments.aspx?CId=192&MId=449

WECA Funding and projects
LEP Funding and Projects

Financial Spend Data

In the interest of openness and transparency in public spending, WECA publishes details of expenditure over £500 on a quarterly basis. The information is published in two formats:

  • PDF format – this is the easiest format to read the data in and is printer friendly.
  • CSV format – a machine readable spreadsheet which enables easier reuse and analysis.

Annual audit

Audited Accounts:
The Statement of Accounts provides a comprehensive report of the financial activity and performance for the year specified. This report includes a Narrative and the Annual Governance Statement. It is a statutory publication produced in accordance with legislative requirements and the CIPFA Code of Practice on Local Authority Accounting in the United Kingdom.

Annual Audit Letters
Every year we receive an annual audit letter from our external auditors. This letter summarises the conclusions and significant issues arising from the audit and inspection work.