Sedgemoor District Council's financial affairs were found to be in good order, when they were discussed at the Audit and Governance meeting on 30th July, where the accounts are signed off. Committee members saw that the accounts showed that the Council's financial position remains positive and in a very steady and healthy state. 02/08/18
The Medium Term Financial Plan sets out early estimates for the next five years and will be updated between now and the new calendar year ready for the tax and rent set in February 2019.
Councillor Duncan McGinty, Leader of Sedgemoor District Council said "We have always proactively monitored our finances on a regular basis, making sure that we take a medium term view to allow for future service provision. We are financially stable, have sound reserves and a robust forward plan."