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Eastleigh council debt

District council, England. Latest figures: Jun 2026.

Total debt
£616m
£615,536,000
Debt per person
£4,283
143,710 residents
Net debt
£597m
after £18.6m of investments
Change in a year
+5.6%
+£32.5m since Mar 2025
Debt to budget
19.8×
times net current spending, 2025-26
Local economy
£41,966
GDP per person; debt is 10.2% of the area's £6.03bn GDP
Debt cost
£141
per person: £20.2m of interest and repayment in 2025-26 (£13.2m interest)

Eastleigh has the 4th highest debt per person of 164 district councils in the UK (Jun 2026).

Eastleigh debt over time

£0£154m£308m£462m£616mJun 202620102012201420162018202020222024

Outstanding borrowing at each date, Mar 2010 to Jun 2026.

What Eastleigh 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 2024-25.

2018-19£107m · borrowed £89.6m2019-20£36.9m · borrowed £19.4m2020-21£51.1m · borrowed £33.9m2021-22£58.8m · borrowed £39.9m2022-23£41.4m · borrowed £20.4m2023-24£57.7m · borrowed £38.9m2024-25£36.5m · borrowed £24.7m
Commercial property and companiesCulture, leisure and sportEnvironment and wasteHousingCentral services and corporate propertyRoads and transportOther trading services
YearCapital spendingBorrowedBiggest items
2024-25£36.5m£24.7mCommercial property and companies £28.9m, Culture, leisure and sport £4.7m, Housing £1.4m
2023-24£57.7m£38.9mCommercial property and companies £46.1m, Culture, leisure and sport £6.6m, Environment and waste £2.5m
2022-23£41.4m£20.4mCommercial property and companies £19.7m, Environment and waste £16.9m, Culture, leisure and sport £2.3m
2021-22£58.8m£39.9mCommercial property and companies £50.4m, Culture, leisure and sport £4.0m, Environment and waste £2.3m
2020-21£51.1m£33.9mCommercial property and companies £38.1m, Environment and waste £6.9m, Culture, leisure and sport £2.7m
2019-20£36.9m£19.4mCommercial property and companies £26.1m, Culture, leisure and sport £6.4m, Central services and corporate property £1.6m
2018-19£107m£89.6mCommercial property and companies £94.8m, Culture, leisure and sport £8.6m, Environment and waste £1.9m

"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.

Who Eastleigh borrows from

LenderAmountShare
Public Works Loan Board (PWLB)the government's lending facility for councils, run by the UK Debt Management Office; most council borrowing comes from it£370m60%
Other councilsloans from other local authorities, usually short term£245m40%
Householdsmoney lent by individuals, for example community municipal investments£561k0%

Outstanding loans by type of lender as reported by the council to MHCLG, short and long term together, as at Jun 2026. The return groups lenders by sector, not by name.

Eastleigh debt by year

DateDebtInvestmentsNet debtPer personPopulationDebt cost
Jun 2026£616m£18.6m£597m£4,283143,710£20.2m
Mar 2026£611m£27.9m£583m£4,254143,710£20.2m
Dec 2025£594m£27.0m£567m£4,136143,710£20.8m
Sep 2025£585m£23.0m£562m£4,070143,710£20.8m
Jun 2025£568m£18.8m£549m£3,978142,678£20.8m
Mar 2025£579m£25.2m£554m£4,057142,678£20.8m
Dec 2024£562m£35.1m£527m£3,938142,678£18.9m
Sep 2024£566m£36.7m£529m£3,966142,678£18.9m
Jun 2024£566m£26.5m£539m£4,017140,845£18.9m
Mar 2024£577m£38.5m£539m£4,097140,845£18.9m
Dec 2023£575m£54.3m£521m£4,085140,845£14.2m
Sep 2023£533m£37.6m£496m£3,786140,845£14.2m
Jun 2023£524m£34.1m£490m£3,772139,002£14.2m
Mar 2023£522m£31.4m£490m£3,754139,002£14.2m
Dec 2022£513m£51.0m£462m£3,691139,002£13.3m
Sep 2022£519m£44.5m£475m£3,735139,002£13.3m
Jun 2022£516m£40.1m£476m£3,768136,963£13.3m
Mar 2022£520m£76.3m£444m£3,798136,963£13.3m
Dec 2021£496m£57.7m£438m£3,619136,963£9.8m
Sep 2021£506m£41.6m£464m£3,692136,963£9.8m
Jun 2021£512m£54.3m£458m£3,819134,090£9.8m
Mar 2021£499m£65.0m£434m£3,719134,090£9.8m
Dec 2020£485m£74.1m£411m£3,618134,090£10.2m
Sep 2020£468m£56.4m£412m£3,491134,090£10.2m
Jun 2020£459m£57.7m£401m£3,471132,175£10.2m
Mar 2020£481m£69.1m£412m£3,641132,175£10.2m
Mar 2019£446m£24.4m£421m£3,416130,517£6.9m
Mar 2018£359m£15.6m£343m£2,772129,386£4.7m
Mar 2017£165m£15.6m£149m£1,277128,808–
Mar 2016£95.9m£6.7m£89.2m£747128,283–
Mar 2015£62.4m£8.6m£53.9m£487128,255–
Mar 2014£64.6m£2.1m£62.5m£508127,248–
Mar 2013£58.2m£10.0m£48.2m£460126,483–
Mar 2012£46.0m£7.0m£39.0m£366125,852–
Mar 2011£43.9m£16.6m£27.3m£353124,240–
Mar 2010£33.8m£7.1m£26.7m£276122,377–

Similar councils

CouncilDebtPer person
Woking£2.18bn£20,553
Spelthorne£712m£6,640
Runnymede£587m£6,309
Eastleigh£616m£4,283
Harlow£355m£3,606
Uttlesford£301m£3,110
Stevenage£266m£2,889

District councils closest in debt per person, Jun 2026.

See Eastleigh on the UK council debt map