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North Kesteven council debt

District council, England. Latest figures: Jun 2026.

Total debt
£91.7m
£91,669,000
Debt per person
£744
123,267 residents
Net debt
£11.7m
after £80.0m of investments
Change in a year
+3.3%
+£2.9m since Mar 2025
Debt to budget
2.8×
times net current spending, 2025-26
Local economy
£31,720
GDP per person; debt is 2.3% of the area's £3.91bn GDP
Debt cost
£15
per person: £1.9m of interest and repayment in 2025-26 (£1.2m interest)

North Kesteven has the 58th highest debt per person of 164 district councils in the UK (Jun 2026).

North Kesteven debt over time

£0£24.5m£48.9m£73.4m£97.8mJun 202620102012201420162018202020222024

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

What North Kesteven 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£9.4m · borrowed £2.0m2019-20£9.7m · borrowed £6.1m2020-21£14.7m · borrowed £4.8m2021-22£19.1m · borrowed £5.0m2022-23£25.0m · borrowed £10.0m2023-24£25.7m · borrowed £15.0m2024-25£27.3m · borrowed £13.4m
HousingCommercial property and companiesCulture, leisure and sportEnvironment and wasteCentral services and corporate propertyDigitalRoads and transport
YearCapital spendingBorrowedBiggest items
2024-25£27.3m£13.4mHousing £18.4m, Commercial property and companies £5.5m, Culture, leisure and sport £2.6m
2023-24£25.7m£15.0mHousing £13.6m, Commercial property and companies £11.9m, Environment and waste £85k
2022-23£25.0m£10.0mCommercial property and companies £16.4m, Housing £7.1m, Environment and waste £1.1m
2021-22£19.1m£5.0mHousing £17.7m, Central services and corporate property £708k, Environment and waste £516k
2020-21£14.7m£4.8mHousing £10.7m, Commercial property and companies £2.1m, Culture, leisure and sport £1.1m
2019-20£9.7m£6.1mHousing £7.7m, Commercial property and companies £882k, Environment and waste £576k
2018-19£9.4m£2.0mHousing £8.4m, Environment and waste £863k, Culture, leisure and sport £88k

"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 North Kesteven 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£81.7m89%
Other councilsloans from other local authorities, usually short term£10.0m11%

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.

North Kesteven debt by year

DateDebtInvestmentsNet debtPer personPopulationDebt cost
Jun 2026£91.7m£80.0m£11.7m£744123,267£1.9m
Mar 2026£91.8m£64.6m£27.2m£744123,267£1.9m
Dec 2025£82.7m£68.7m£14.0m£671123,267£1.7m
Sep 2025£97.8m£82.5m£15.3m£793123,267£1.7m
Jun 2025£88.8m£65.2m£23.5m£725122,346£1.7m
Mar 2025£88.8m£59.8m£29.0m£726122,346£1.7m
Dec 2024£84.8m£61.6m£23.2m£693122,346£1.3m
Sep 2024£84.9m£65.2m£19.6m£694122,346£1.3m
Jun 2024£85.8m£61.1m£24.8m£709121,086£1.3m
Mar 2024£85.9m£59.0m£26.9m£710121,086£1.3m
Dec 2023£86.8m£66.0m£20.9m£717121,086£1.2m
Sep 2023£87.0m£74.6m£12.4m£718121,086£1.2m
Jun 2023£87.9m£71.0m£16.9m£734119,727£1.2m
Mar 2023£88.0m£63.3m£24.7m£735119,727£1.2m
Dec 2022£89.1m£72.5m£16.5m£744119,727£888k
Sep 2022£89.1m£77.7m£11.4m£744119,727£888k
Jun 2022£88.0m£73.1m£14.9m£743118,502£888k
Mar 2022£86.1m£60.6m£25.5m£727118,502£888k
Dec 2021£85.1m£62.1m£23.0m£719118,502£833k
Sep 2021£79.1m£57.5m£21.6m£668118,502£833k
Jun 2021£78.1m£56.0m£22.0m£667117,057£833k
Mar 2021£78.2m£43.2m£35.0m£668117,057£833k
Dec 2020£79.2m£56.3m£22.9m£677117,057£1.0m
Sep 2020£79.2m£55.8m£23.4m£677117,057£1.0m
Jun 2020£80.2m£53.0m£27.1m£692115,821£1.0m
Mar 2020£80.3m£46.0m£34.3m£693115,821£1.0m
Mar 2019£74.9m£31.0m£43.8m£652114,860£612k
Mar 2018£75.9m£26.5m£49.4m£664114,423£625k
Mar 2017£65.0m£16.3m£48.7m£575113,063–
Mar 2016£72.6m£17.7m£54.9m£650111,665–
Mar 2015£72.0m£17.4m£54.7m£650110,746–
Mar 2014£76.6m£17.2m£59.4m£698109,654–
Mar 2013£80.2m£20.0m£60.2m£735109,139–
Mar 2012£70.7m£8.5m£62.2m£651108,518–
Mar 2011£16.8m£10.9m£5.9m£156107,478–
Mar 2010£16.8m£10.4m£6.4m£158106,456–

Similar councils

CouncilDebtPer person
West Lancashire£98.2m£795
Tamworth£63.1m£775
Epsom & Ewell£64.4m£773
North Kesteven£91.7m£744
Cannock Chase£77.2m£740
Bassetlaw£92.2m£729
New Forest£125m£708

District councils closest in debt per person, Jun 2026.

See North Kesteven on the UK council debt map