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Barrow-in-Furness council debt

District council, England. This council no longer exists; its last figures are for Mar 2023.

Total debt
£33.5m
£33,479,000
Debt per person
£479
69,840 residents (estimated)
Net debt
£2.5m
after £31.0m of investments
Change in a year
−2.9%
−£1.0m since Mar 2022
Debt to budget
1.2×
times net current spending, 2022-23
Debt cost
£28
per person: £2.0m of interest and repayment in 2022-23 (£1.4m interest)

Barrow-in-Furness debt over time

£0£9.9m£19.7m£29.6m£39.5m20232010201220142016201820202022

Outstanding borrowing at each date, Mar 2010 to Mar 2023.

What Barrow-in-Furness spent capital money on

Councils borrow to pay for capital spending: buildings, roads, housing, loans to their own companies, commercial property. Capital spending by service in each financial year, and how much of it was paid for by new borrowing, 2018-19 to 2022-23.

2018-19£3.5m2019-20£5.6m2020-21£2.3m2021-22£5.3m2022-23£7.8m
HousingPlanning and regenerationEnvironment and wasteCentral services and corporate propertyCulture, leisure and sport
YearCapital spendingBorrowedBiggest items
2022-23£7.8m–Planning and regeneration £3.4m, Housing £3.3m, Environment and waste £1.1m
2021-22£5.3m–Planning and regeneration £2.7m, Housing £2.6m, Environment and waste £2k
2020-21£2.3m–Housing £1.6m, Planning and regeneration £512k, Central services and corporate property £80k
2019-20£5.6m–Planning and regeneration £3.0m, Housing £2.5m, Central services and corporate property £96k
2018-19£3.5m–Housing £2.3m, Environment and waste £865k, Planning and regeneration £240k

"Borrowed" is new borrowing and credit used to finance that year's spending; it can exceed the spending when a council borrows to cover earlier costs or, with government permission, day-to-day losses. Source: MHCLG capital outturn (England, from 2018-19); StatsWales capital outturn (Wales). Not yet available for Scotland and Northern Ireland.

Barrow-in-Furness debt by year

DateDebtInvestmentsNet debtPer personPopulationDebt cost
Mar 2023£33.5m£31.0m£2.5m£47969,840*£2.0m
Dec 2022£34.5m£42.3m£0£49469,840*£2.1m
Sep 2022£34.5m£43.7m£0£49469,840*£2.1m
Jun 2022£34.5m£39.8m£0£49569,641*£2.1m
Mar 2022£34.5m£40.1m£0£49569,641*£2.1m
Dec 2021£35.5m£46.0m£0£50969,641*£2.2m
Sep 2021£35.5m£41.8m£0£50969,641*£2.2m
Jun 2021£35.5m£36.3m£0£51269,351*£2.2m
Mar 2021£35.5m£30.1m£5.4m£51269,351*£2.2m
Dec 2020£36.5m£40.9m£0£52669,351*£2.2m
Sep 2020£36.5m£32.1m£4.4m£52669,351*£2.2m
Jun 2020£36.5m£32.4m£4.0m£52669,402*£2.2m
Mar 2020£36.5m£22.3m£14.2m£52669,402*£2.2m
Mar 2019£37.5m£20.7m£16.8m£54169,256*£2.2m
Mar 2018£38.5m£19.8m£18.6m£55769,118*£2.2m
Mar 2017£39.5m£18.6m£20.9m£57268,970*–
Mar 2016£39.5m£14.7m£24.8m£57368,899*–
Mar 2015£39.5m£16.8m£22.7m£57468,789*–
Mar 2014£39.5m£14.2m£25.3m£57468,753*–
Mar 2013£39.5m£11.0m£28.5m£57368,907*–
Mar 2012£39.5m£5.4m£34.1m£57169,129*–
Mar 2011£22.4m£3.4m£19.0m£32269,429–
Mar 2010£22.4m£1.1m£21.3m£32169,776–

* Population estimated: ONS no longer publishes it for this council.

See Barrow-in-Furness on the UK council debt map