DCSIMG

Isle of Man Government finances to go online

Tynwald buildings, Douglas

Tynwald buildings, Douglas

Government is opening up its financial information to the public via a new website designed to increase the transparency of its accounts.

The Treasury online facility at http://financereports.gov.im provides information that is more up to date and more detailed than has previously been available in traditional paper formats.

It has taken 18 months to develop at a cost of about £20,000.

Treasury publishes three main financial reports each year – the Budget, the unaudited Detailed Government Accounts and the audited, statutory Annual Accounts.

The new website is updated throughout the year and includes two reports – the Summary Budget Report providing financial results in the same format as the Budget and the Detailed Revenue Report providing income and expenditure analysed both by department and by income or expense category. Further analysis can be obtained by clicking on the chosen item and drilling down to the next level of detail.

 

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