Northamptonshire council debt
County council, England. This council no longer exists; its last figures are for Mar 2021.
Financial distress
- Section 114 notice issued on 2 February 2018: the council's finance officer stopped all new spending except on legal duties.
- Section 114 notice issued on 24 July 2018: the council's finance officer stopped all new spending except on legal duties.
Sources: GOV.UK Exceptional Financial Support; section 114 notices as listed in Section 114 notice (Wikipedia).
Northamptonshire debt over time
Outstanding borrowing at each date, Mar 2010 to Mar 2021.
What Northamptonshire 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 2020-21.
| Year | Capital spending | Borrowed | Biggest items |
|---|---|---|---|
| 2020-21 | £64.3m | £4.2m | Roads and transport £33.5m, Schools and education £18.6m, Social care £6.5m |
| 2019-20 | £63.4m | £3.2m | Roads and transport £35.8m, Schools and education £16.6m, Social care £6.2m |
| 2018-19 | £90.0m | £15.1m | Roads and transport £44.3m, Schools and education £29.5m, Central services and corporate property £6.4m |
"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.
Northamptonshire debt by year
| Date | Debt | Investments | Net debt | Per person | Population | Debt cost |
|---|---|---|---|---|---|---|
| Mar 2021 | £550m | £33.9m | £516m | £706 | 778,996 | £19.0m |
| Dec 2020 | £560m | £75.9m | £484m | £719 | 778,996 | £47.2m |
| Sep 2020 | £564m | £96.6m | £467m | £723 | 778,996 | £47.2m |
| Jun 2020 | £569m | £104m | £465m | £732 | 777,016 | £47.2m |
| Mar 2020 | £571m | £70.9m | £500m | £735 | 777,016 | £47.2m |
| Mar 2019 | £577m | £56.5m | £520m | £750 | 769,240 | £44.1m |
| Mar 2018 | £601m | £66.4m | £534m | £791 | 759,436 | £55.7m |
| Mar 2017 | £527m | £51.4m | £476m | £706 | 746,666 | – |
| Mar 2016 | £455m | £57.1m | £398m | £621 | 733,189 | – |
| Mar 2015 | £416m | £62.0m | £354m | £576 | 721,673 | – |
| Mar 2014 | £445m | £122m | £323m | £626 | 711,487 | – |
| Mar 2013 | £450m | £135m | £315m | £641 | 703,143 | – |
| Mar 2012 | £470m | £161m | £309m | £678 | 693,967 | – |
| Mar 2011 | £528m | £199m | £329m | £768 | 688,011 | – |
| Mar 2010 | £502m | £188m | £314m | £735 | 683,464 | – |