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Mendip council debt

District council, England. This council no longer exists; its last figures are for Mar 2023.

Total debt
£62.8m
£62,839,000
Debt per person
£528
119,020 residents (estimated)
Net debt
£33.9m
after £28.9m of investments
Change in a year
−0.0%
−£17k since Mar 2022
Debt to budget
1.5×
times net current spending, 2022-23
Debt cost
£14
per person: £1.6m of interest and repayment in 2022-23 (£1.3m interest)

Mendip debt over time

£0£15.7m£31.4m£47.2m£62.9m20232010201220142016201820202022

Outstanding borrowing at each date, Mar 2010 to Mar 2023.

What Mendip 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.

2018-19£25.5m · borrowed £23.1m2019-20£19.3m · borrowed £18.3m2020-21£3.7m · borrowed £388k2021-22£4.2m · borrowed £77k2022-23£4.0m
Commercial property and companiesHousingCentral services and corporate propertyEnvironment and wasteCulture, leisure and sportRoads and transportPlanning and regeneration
YearCapital spendingBorrowedBiggest items
2022-23£4.0m–Central services and corporate property £2.6m, Housing £851k, Environment and waste £280k
2021-22£4.2m£77kCommercial property and companies £2.3m, Housing £963k, Central services and corporate property £787k
2020-21£3.7m£388kCommercial property and companies £1.6m, Housing £750k, Culture, leisure and sport £583k
2019-20£19.3m£18.3mCommercial property and companies £18.2m, Housing £709k, Environment and waste £341k
2018-19£25.5m£23.1mCommercial property and companies £24.3m, Housing £927k, Central services and corporate property £162k

"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.

Mendip debt by year

DateDebtInvestmentsNet debtPer personPopulationDebt cost
Mar 2023£62.8m£28.9m£33.9m£528119,020*£1.6m
Dec 2022£62.8m£47.8m£15.0m£528119,020*£1.7m
Sep 2022£62.9m£45.1m£17.7m£528119,020*£1.7m
Jun 2022£62.9m£37.2m£25.7m£532118,181*£1.7m
Mar 2022£62.9m£37.1m£25.7m£532118,181*£1.7m
Dec 2021£62.9m£50.2m£12.7m£532118,181*£1.8m
Sep 2021£62.9m£36.5m£26.3m£532118,181*£1.8m
Jun 2021£62.9m£32.5m£30.4m£538116,780*£1.8m
Mar 2021£62.9m£26.4m£36.5m£538116,780*£1.8m
Dec 2020£62.9m£37.1m£25.8m£538116,780*£1.2m
Sep 2020£62.9m£31.7m£31.2m£539116,780*£1.2m
Jun 2020£62.9m£37.8m£25.1m£540116,508*£1.2m
Mar 2020£62.9m£27.6m£35.2m£540116,508*£1.2m
Mar 2019£31.5m£5.5m£26.0m£272115,924*£669k
Mar 2018£16.3m£10.3m£6.1m£142115,251*£361k
Mar 2017£0£9.6m£0£0114,408*–
Mar 2016£0£9.8m£0£0113,168*–
Mar 2015£0£8.6m£0£0112,244*–
Mar 2014£0£10.3m£0£0111,245*–
Mar 2013£249k£11.3m£0£2110,498*–
Mar 2012£245k£11.5m£0£2109,619*–
Mar 2011£258k£12.3m£0£2109,006–
Mar 2010£271k£11.0m£0£2108,604–

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

See Mendip on the UK council debt map