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Mid Devon council debt

District council, England. Latest figures: Jun 2026.

Total debt
£27.4m
£27,366,000
Debt per person
£320
85,593 residents
Net debt
£22.3m
after £5.1m of investments
Change in a year
−18.9%
−£6.4m since Mar 2025
Debt to budget
1.2×
times net current spending, 2025-26
Local economy
£26,778
GDP per person; debt is 1.2% of the area's £2.29bn GDP
Debt cost
£18
per person: £1.5m of interest and repayment in 2025-26 (£1.2m interest)

Mid Devon has the 88th highest debt per person of 164 district councils in the UK (Jun 2026).

Mid Devon debt over time

£0£12.0m£24.0m£36.0m£48.0mJun 202620102012201420162018202020222024

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

What Mid Devon 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£9.6m · borrowed £2.7m2019-20£13.0m · borrowed £7.0m2020-21£8.8m · borrowed £4.0m2021-22£11.7m · borrowed £6.0m2022-23£17.2m · borrowed £7.4m2023-24£30.4m · borrowed £16.3m2024-25£23.1m · borrowed £10.1m
HousingRoads and transportCentral services and corporate propertyEnvironment and wasteCulture, leisure and sportPublic healthPlanning and regenerationCommercial property and companies
YearCapital spendingBorrowedBiggest items
2024-25£23.1m£10.1mHousing £15.9m, Environment and waste £3.1m, Roads and transport £2.1m
2023-24£30.4m£16.3mHousing £29.0m, Central services and corporate property £595k, Culture, leisure and sport £515k
2022-23£17.2m£7.4mHousing £13.4m, Culture, leisure and sport £3.1m, Roads and transport £536k
2021-22£11.7m£6.0mHousing £8.6m, Public health £2.2m, Roads and transport £774k
2020-21£8.8m£4.0mHousing £3.2m, Central services and corporate property £2.4m, Environment and waste £1.5m
2019-20£13.0m£7.0mHousing £11.0m, Environment and waste £1.0m, Roads and transport £490k
2018-19£9.6m£2.7mHousing £6.5m, Central services and corporate property £2.0m, Roads and transport £779k

"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 Mid Devon 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£27.4m100%

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.

Mid Devon debt by year

DateDebtInvestmentsNet debtPer personPopulationDebt cost
Jun 2026£27.4m£5.1m£22.3m£32085,593£1.5m
Mar 2026£27.4m£7.4m£20.0m£32085,593£1.5m
Dec 2025£28.4m£20.8m£7.6m£33285,593£1.5m
Sep 2025£28.4m£17.4m£11.0m£33285,593£1.5m
Jun 2025£33.8m£21.2m£12.5m£39785,102£1.5m
Mar 2025£33.8m£17.5m£16.3m£39785,102£1.5m
Dec 2024£32.4m£28.7m£3.8m£38185,102£2.0m
Sep 2024£32.4m£24.6m£7.8m£38185,102£2.0m
Jun 2024£33.4m£26.9m£6.4m£39684,405£2.0m
Mar 2024£33.4m£21.0m£12.4m£39684,405£2.0m
Dec 2023£34.3m£34.3m£29k£40784,405£3.7m
Sep 2023£34.3m£31.4m£2.9m£40784,405£3.7m
Jun 2023£35.3m£27.9m£7.4m£42183,864£3.7m
Mar 2023£35.4m£24.8m£10.7m£42383,864£3.7m
Dec 2022£36.3m£39.0m−£2.7m£43383,864£1.6m
Sep 2022£36.3m£36.7m−£407k£43383,864£1.6m
Jun 2022£37.3m£42.9m−£5.6m£44883,171£1.6m
Mar 2022£37.4m£41.8m−£4.4m£45083,171£1.6m
Dec 2021£38.3m£46.9m−£8.5m£46183,171£1.6m
Sep 2021£38.6m£38.9m−£321k£46483,171£1.6m
Jun 2021£39.5m£38.0m£1.5m£48182,130£1.6m
Mar 2021£39.6m£33.1m£6.5m£48382,130£1.6m
Dec 2020£40.2m£39.6m£546k£48982,130−£209k
Sep 2020£40.2m£33.2m£7.0m£48982,130−£209k
Jun 2020£40.4m£35.6m£4.8m£49681,434−£209k
Mar 2020£40.4m£29.2m£11.2m£49681,434−£209k
Mar 2019£41.0m£26.1m£14.8m£50780,858£369k
Mar 2018£42.8m£34.8m£8.1m£53580,054£413k
Mar 2017£44.5m£26.7m£17.8m£56079,448–
Mar 2016£46.2m£22.4m£23.9m£58479,167–
Mar 2015£48.0m£15.2m£32.7m£60878,969–
Mar 2014£44.4m£12.7m£31.7m£56578,572–
Mar 2013£45.7m£10.1m£35.7m£58478,318–
Mar 2012£46.6m£10.3m£36.3m£59877,936–
Mar 2011£0£8.9m−£8.9m£077,391–
Mar 2010£0£5.6m−£5.6m£076,981–

Similar councils

CouncilDebtPer person
Lancaster£55.9m£385
Castle Point£31.1m£344
Watford£36.2m£337
Mid Devon£27.4m£320
South Derbyshire£37.5m£314
Wealden£51.6m£307
Wyre Forest£30.3m£291

District councils closest in debt per person, Jun 2026.

See Mid Devon on the UK council debt map