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Bournemouth council debt

Unitary authority, England. This council no longer exists; its last figures are for Mar 2019.

Total debt
£162m
£162,377,000
Debt per person
£846
191,927 residents (estimated)
Net debt
£162m
after £425k of investments
Change in a year
+17.9%
+£24.7m since Mar 2018
Debt to budget
0.6×
times net current spending, 2018-19
Debt cost
£32
per person: £6.2m of interest and repayment in 2018-19 (£1.7m interest)

Bournemouth debt over time

£0£40.6m£81.2m£122m£162m201920102012201420162018

Outstanding borrowing at each date, Mar 2010 to Mar 2019.

What Bournemouth 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 2018-19.

2018-19£42.9m · borrowed £17.7m
Commercial property and companiesHousingRoads and transportCulture, leisure and sportEnvironment and wasteSocial careCentral services and corporate propertySchools and education
YearCapital spendingBorrowedBiggest items
2018-19£42.9m£17.7mCommercial property and companies £12.1m, Housing £10.5m, Roads and transport £6.2m

"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.

Bournemouth debt by year

DateDebtInvestmentsNet debtPer personPopulationDebt cost
Mar 2019£162m£425k£162m£846191,927*£6.2m
Mar 2018£138m£8.8m£129m£719191,596*£1.5m
Mar 2017£83.2m£17.8m£65.4m£437190,489*–
Mar 2016£62.0m£20.6m£41.4m£329188,298*–
Mar 2015£67.7m£43.9m£23.8m£362186,968*–
Mar 2014£62.0m£87.8m£0£335184,932*–
Mar 2013£62.0m£78.5m£0£338183,484*–
Mar 2012£67.0m£62.5m£4.5m£368182,033*–
Mar 2011£24.5m£62.5m£0£137179,308–
Mar 2010£24.5m£61.5m£0£141174,251–

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

See Bournemouth on the UK council debt map