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Melton council debt

District council, England. Latest figures: Jun 2026.

Total debt
£29.3m
£29,315,000
Debt per person
£536
54,694 residents
Net debt
£4.7m
after £24.6m of investments
Change in a year
−6.4%
−£2.0m since Mar 2025
Debt to budget
1.9×
times net current spending, 2025-26
Local economy
£31,704
GDP per person; debt is 1.7% of the area's £1.73bn GDP
Debt cost
£26
per person: £1.4m of interest and repayment in 2025-26 (£1.2m interest)

Melton has the 74th highest debt per person of 164 district councils in the UK (Jun 2026).

Melton debt over time

£0£8.0m£15.9m£23.9m£31.9mJun 202620102012201420162018202020222024

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

What Melton 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£3.3m2019-20£3.1m2020-21£2.9m2021-22£2.5m2022-23£4.3m2023-24£5.3m2024-25£7.3m
HousingCentral services and corporate propertyCulture, leisure and sportEnvironment and wasteRoads and transport
YearCapital spendingBorrowedBiggest items
2024-25£7.3m–Housing £3.5m, Culture, leisure and sport £2.3m, Central services and corporate property £1.6m
2023-24£5.3m–Housing £4.0m, Central services and corporate property £1.1m, Roads and transport £142k
2022-23£4.3m–Housing £3.9m, Central services and corporate property £293k, Environment and waste £76k
2021-22£2.5m–Housing £2.2m, Central services and corporate property £166k, Culture, leisure and sport £94k
2020-21£2.9m–Housing £2.8m, Culture, leisure and sport £142k
2019-20£3.1m–Housing £3.0m, Central services and corporate property £107k
2018-19£3.3m–Housing £2.7m, Environment and waste £436k, Central services and corporate property £123k

"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 Melton 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£29.3m100%

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.

Melton debt by year

DateDebtInvestmentsNet debtPer personPopulationDebt cost
Jun 2026£29.3m£24.6m£4.7m£53654,694£1.4m
Mar 2026£29.3m£19.9m£9.5m£53654,694£1.4m
Dec 2025£29.3m£26.9m£2.4m£53654,694£1.4m
Sep 2025£31.3m£25.6m£5.8m£57354,694£1.4m
Jun 2025£31.3m£26.2m£5.1m£58153,922£1.4m
Mar 2025£31.3m£18.2m£13.2m£58153,922£1.4m
Dec 2024£31.3m£24.4m£7.0m£58153,922£1.2m
Sep 2024£31.4m£22.1m£9.3m£58353,922£1.2m
Jun 2024£31.4m£24.0m£7.4m£59053,221£1.2m
Mar 2024£31.4m£19.0m£12.4m£59053,221£1.2m
Dec 2023£31.4m£28.4m£3.0m£59053,221£1.2m
Sep 2023£31.4m£24.4m£7.0m£59053,221£1.2m
Jun 2023£31.4m£24.0m£7.5m£59952,406£1.2m
Mar 2023£31.4m£19.6m£11.8m£59952,406£1.2m
Dec 2022£31.4m£28.8m£2.6m£59952,406£1.2m
Sep 2022£31.4m£29.7m£1.7m£59952,406£1.2m
Jun 2022£31.4m£28.3m£3.1m£60751,756£1.2m
Mar 2022£31.4m£28.0m£3.4m£60751,756£1.2m
Dec 2021£31.4m£29.5m£1.9m£60751,756£1.2m
Sep 2021£31.4m£26.9m£4.5m£60751,756£1.2m
Jun 2021£31.4m£25.9m£5.5m£60951,583£1.2m
Mar 2021£31.4m£24.4m£7.0m£60951,583£1.2m
Dec 2020£31.4m£29.4m£2.0m£60951,583£12k
Sep 2020£31.4m£28.2m£3.2m£60951,583£12k
Jun 2020£31.4m£26.4m£5.0m£61051,470£12k
Mar 2020£31.4m£20.5m£10.9m£61051,470£12k
Mar 2019£31.4m£20.7m£10.7m£61251,331£12k
Mar 2018£31.4m£20.1m£11.3m£61551,113£12k
Mar 2017£31.4m£20.5m£10.9m£61451,146–
Mar 2016£31.4m£17.6m£13.8m£61651,013–
Mar 2015£31.4m£16.7m£14.7m£61650,990–
Mar 2014£31.9m£18.2m£13.7m£62650,891–
Mar 2013£31.9m£18.2m£13.7m£62750,814–
Mar 2012£31.9m£14.9m£16.9m£63150,495–
Mar 2011£7.0m£3.4m£3.6m£14050,077–
Mar 2010£8.6m£1.2m£7.4m£17449,481–

Similar councils

CouncilDebtPer person
Gosport£48.1m£583
Rother£53.4m£555
East Devon£87.4m£548
Melton£29.3m£536
South Kesteven£76.5m£517
Oadby & Wigston£31.7m£515
Nuneaton & Bedworth£73.2m£508

District councils closest in debt per person, Jun 2026.

See Melton on the UK council debt map