Financial documents and charges

This document contains Orkney Islands Council’s Financial Regulations, reviewed in June 2024. It sets out the rules and responsibilities for managing public money, including budgeting, spending, purchasing, payments, income, staffing costs, assets, banking, risk, security and partnerships. It also explains the roles of finance officers, committees, managers, internal audit, councillors and staff, and the action required when rules are broken or fraud is suspected.

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This document contains Orkney Islands Council’s key facts and figures for 2025-2026. It explains how council services are funded, including the £118.2 million general fund budget, council tax, housing and harbour accounts, and planned capital projects. It also summarises the Council’s committees, properties, schools, social care, roads, environmental services, staff, population and community councils.

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This document contains Orkney Islands Council’s treasury management strategy for 2026/27, covering capital spending, borrowing, loan repayments and investment plans through 2028/29. It sets limits for borrowing and investments, explains how financial risks will be managed, and gives forecasts for interest rates and investment returns. It also includes rules for checking investment partners, approved investment types and countries, staff training, reporting and responsibilities.

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This document contains the Capital Strategy for 2024 to 2029, setting out how Orkney Islands Council will plan, fund and manage investment in buildings, roads, equipment, vehicles, vessels and other assets. It explains how projects must support the Council Plan, provide value for money, manage risks and remain affordable and sustainable. It also describes project approval, monitoring and governance arrangements, sources of funding and borrowing limits. An annex lists the approved five-year capital programme and its expected costs and funding.

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This document contains the Orkney Islands Council’s Medium Term Financial Strategy for 2025/26 to 2029/30. It explains the Council’s financial position, including rising costs, uncertain funding and increasing use of reserves. It forecasts a funding gap that could reach £25.8 million by 2029/30 and sets out ways to manage it through increased income, efficiencies, service redesign, partnership working and fairer government funding. It also covers capital spending, reserves and key financial risks.

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This document contains Orkney Islands Council’s charges for 2026 to 2027. It covers licence applications, planning and building services, roads, waste collection, parking, airfields, museums, libraries, sports and community facilities, housing, education and care services. It also includes guidance on discounts, extra letting costs and when VAT applies.

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This document contains Orkney Islands Council’s charges for 2025 to 2026. It covers fees for licences, property, planning, roads, parking, waste, burials, schools, libraries, sports and leisure facilities, museums, housing and care services. It also includes guidance on facility lets, value added tax and related booking charges.

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