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Cumbria council debt
County council, England. This council no longer exists; its last figures are for Mar 2023.
Total debt
£386m
£386,200,000
Debt per person
£768
502,864 residents
Net debt
£255m
after £131m of investments
Change in a year
+0.0%
+£0 since Mar 2022
Debt to budget
0.5×
times net current spending, 2022-23
Local economy
£31,860
GDP per person; debt is 2.4% of the area's £16.0bn GDP
Debt cost
£58
per person: £29.2m of interest and repayment in 2022-23 (£13.7m interest)
Cumbria debt over time
Outstanding borrowing at each date, Mar 2010 to Mar 2023.
What Cumbria 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.
Roads and transportSchools and educationSocial carePlanning and regenerationFire and rescueCentral services and corporate propertyEnvironment and wasteCulture, leisure and sportDigitalCommercial property and companies
| Year | Capital spending | Borrowed | Biggest items |
|---|---|---|---|
| 2022-23 | £108m | £20.8m | Roads and transport £69.9m, Schools and education £14.3m, Social care £7.7m |
| 2021-22 | £88.6m | £13.3m | Roads and transport £63.6m, Schools and education £13.0m, Social care £4.3m |
| 2020-21 | £89.3m | £10.2m | Roads and transport £56.3m, Planning and regeneration £11.0m, Schools and education £10.7m |
| 2019-20 | £88.9m | £17.6m | Roads and transport £61.4m, Schools and education £17.0m, Social care £5.8m |
| 2018-19 | £132m | £23.5m | Roads and transport £74.2m, Schools and education £36.2m, Social care £12.2m |
"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.
Cumbria debt by year
| Date | Debt | Investments | Net debt | Per person | Population | Debt cost |
|---|---|---|---|---|---|---|
| Mar 2023 | £386m | £131m | £255m | £768 | 502,864 | £29.2m |
| Dec 2022 | £386m | £157m | £229m | £768 | 502,864 | £29.2m |
| Sep 2022 | £386m | £172m | £215m | £768 | 502,864 | £29.2m |
| Jun 2022 | £386m | £188m | £198m | £771 | 500,729 | £29.2m |
| Mar 2022 | £386m | £217m | £169m | £771 | 500,729 | £29.2m |
| Dec 2021 | £386m | £191m | £195m | £771 | 500,729 | £22.8m |
| Sep 2021 | £386m | £192m | £194m | £771 | 500,729 | £22.8m |
| Jun 2021 | £386m | £186m | £201m | £775 | 498,439 | £22.8m |
| Mar 2021 | £386m | £176m | £211m | £775 | 498,439 | £22.8m |
| Dec 2020 | £386m | £145m | £242m | £775 | 498,439 | £18.4m |
| Sep 2020 | £386m | £148m | £238m | £775 | 498,439 | £18.4m |
| Jun 2020 | £386m | £114m | £272m | £774 | 499,171 | £18.4m |
| Mar 2020 | £394m | £112m | £281m | £789 | 499,171 | £18.4m |
| Mar 2019 | £370m | £112m | £258m | £741 | 498,941 | £16.2m |
| Mar 2018 | £337m | £128m | £209m | £676 | 498,693 | £13.9m |
| Mar 2017 | £295m | £178m | £117m | £591 | 498,946 | – |
| Mar 2016 | £302m | £242m | £60.6m | £606 | 498,718 | – |
| Mar 2015 | £308m | £124m | £184m | £617 | 498,303 | – |
| Mar 2014 | £315m | £167m | £148m | £633 | 498,080 | – |
| Mar 2013 | £315m | £142m | £173m | £632 | 498,835 | – |
| Mar 2012 | £315m | £131m | £184m | £631 | 499,817 | – |
| Mar 2011 | £325m | £116m | £209m | £650 | 500,165 | – |
| Mar 2010 | £295m | £77.8m | £217m | £589 | 500,786 | – |