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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 2019.

Total debt
£167m
£167,001,000
Net debt
£125m
after £42.0m of investments
Change in a year
−16.0%
−£31.8m since Mar 2018
Debt to budget
11.7×
times net current spending, 2018-19

North East Combined Authority debt over time

£0£51.9m£104m£156m£208m201920162018

Outstanding borrowing at each date, Mar 2015 to Mar 2019.

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, 2018-19 to 2018-19.

2018-19£47.3m · borrowed £4.1m
Roads and transport
YearCapital spendingBorrowedBiggest items
2018-19£47.3m£4.1mRoads and transport £47.3m

"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 2019£167m£42.0m£125m––£9.2m
Mar 2018£199m£40.0m£159m––£8.7m
Mar 2017£199m£66.0m£133m–––
Mar 2016£202m£51.0m£151m–––
Mar 2015£208m£0£208m–––

See North East Combined Authority on the UK council debt map