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North East Combined Authority council debt

Other public body, England. This council no longer exists; its last figures are for Mar 2024.

Total debt
£149m
£148,667,000
Net debt
£0
after £239m of investments
Change in a year
−12.2%
−£20.7m since Mar 2023
Debt to budget
3.0×
times net current spending, 2023-24

North East Combined Authority debt over time

£0£42.8m£85.7m£128m£171m202420202022

Outstanding borrowing at each date, Mar 2020 to Mar 2024.

What North East Combined Authority 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, 2019-20 to 2023-24.

2019-20£73.7m2020-21£83.4m2021-22£113m2022-23£220m2023-24£168m
Roads and transport
YearCapital spendingBorrowedBiggest items
2023-24£168m–Roads and transport £168m
2022-23£220m–Roads and transport £220m
2021-22£113m–Roads and transport £113m
2020-21£83.4m–Roads and transport £83.4m
2019-20£73.7m–Roads and transport £73.7m

"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.

North East Combined Authority debt by year

DateDebtInvestmentsNet debtPer personPopulationDebt cost
Mar 2024£149m£239m£0––£10.6m
Dec 2023£149m£240m£0––£9.1m
Sep 2023£149m£244m£0––£9.1m
Jun 2023£169m£267m£0––£9.1m
Mar 2023£169m£273m£0––£9.1m
Dec 2022£170m£136m£33.6m––£8.8m
Sep 2022£170m£146m£24.0m––£8.8m
Jun 2022£170m£135m£35.0m––£8.8m
Mar 2022£170m£100m£70.0m––£8.8m
Dec 2021£170m£110m£60.3m––£10.3m
Sep 2021£170m£60.0m£110m––£10.3m
Jun 2021£171m£45.0m£126m––£10.3m
Mar 2021£171m£20.0m£151m––£10.3m
Dec 2020£171m£20.0m£151m––£9.2m
Sep 2020£171m£40.0m£131m––£9.2m
Jun 2020£171m£37.0m£134m––£9.2m
Mar 2020£171m£62.0m£109m––£9.2m

See North East Combined Authority on the UK council debt map