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Buckinghamshire council debt
County council, England. This council no longer exists; its last figures are for Mar 2020.
Total debt
£310m
£310,410,000
Debt per person
£569
545,859 residents
Net debt
£270m
after £40.7m of investments
Change in a year
+5.8%
+£16.9m since Mar 2019
Debt to budget
0.5×
times net current spending, 2019-20
Local economy
£33,536
GDP per person; debt is 1.7% of the area's £18.3bn GDP
Debt cost
£39
per person: £21.5m of interest and repayment in 2019-20 (£12.2m interest)
Buckinghamshire debt over time
Outstanding borrowing at each date, Mar 2010 to Mar 2020.
What Buckinghamshire 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 2019-20.
Roads and transportCommercial property and companiesSchools and educationCentral services and corporate propertyPlanning and regenerationEnvironment and wasteCulture, leisure and sportSocial care
| Year | Capital spending | Borrowed | Biggest items |
|---|---|---|---|
| 2019-20 | £89.0m | £4.2m | Roads and transport £48.6m, Schools and education £26.3m, Central services and corporate property £8.2m |
| 2018-19 | £184m | £81.7m | Commercial property and companies £78.8m, Schools and education £47.9m, Roads and transport £46.4m |
"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.
Buckinghamshire debt by year
| Date | Debt | Investments | Net debt | Per person | Population | Debt cost |
|---|---|---|---|---|---|---|
| Mar 2020 | £310m | £40.7m | £270m | £569 | 545,859 | £21.5m |
| Mar 2019 | £294m | £10.5m | £283m | £542 | 541,983 | £10.6m |
| Mar 2018 | £212m | £22.3m | £190m | £394 | 538,762 | £10.0m |
| Mar 2017 | £223m | £22.6m | £201m | £417 | 535,519 | – |
| Mar 2016 | £172m | £170m | £2.1m | £325 | 529,999 | – |
| Mar 2015 | £189m | £193m | £0 | £361 | 523,613 | – |
| Mar 2014 | £186m | £206m | £0 | £359 | 517,918 | – |
| Mar 2013 | £188m | £245m | £0 | £366 | 512,105 | – |
| Mar 2012 | £214m | £221m | £0 | £422 | 506,550 | – |
| Mar 2011 | £209m | £153m | £56.6m | £416 | 502,820 | – |
| Mar 2010 | £240m | £163m | £77.4m | £481 | 498,813 | – |