Somerset West & Taunton council debt
District council, England. This council no longer exists; its last figures are for Mar 2023.
Somerset West & Taunton debt over time
Outstanding borrowing at each date, Mar 2020 to Mar 2023.
What Somerset West & Taunton 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 2022-23.
| Year | Capital spending | Borrowed | Biggest items |
|---|---|---|---|
| 2022-23 | £29.6m | £8.4m | Housing £19.4m, Planning and regeneration £5.3m, Culture, leisure and sport £2.3m |
| 2021-22 | £82.4m | £60.7m | Commercial property and companies £54.9m, Housing £13.4m, Planning and regeneration £4.9m |
| 2020-21 | £72.5m | £54.3m | Commercial property and companies £44.1m, Planning and regeneration £10.6m, Housing £10.3m |
| 2019-20 | £36.1m | £21.1m | Housing £16.4m, Planning and regeneration £7.2m, Environment and waste £4.7m |
"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.
Somerset West & Taunton debt by year
| Date | Debt | Investments | Net debt | Per person | Population | Debt cost |
|---|---|---|---|---|---|---|
| Mar 2023 | £174m | £18.2m | £156m | £1,103 | 158,262* | £3.1m |
| Dec 2022 | £168m | £40.6m | £128m | £1,065 | 158,262* | £2.8m |
| Sep 2022 | £168m | £33.8m | £135m | £1,065 | 158,262* | £2.8m |
| Jun 2022 | £176m | £36.4m | £140m | £1,123 | 157,146* | £2.8m |
| Mar 2022 | £180m | £39.4m | £141m | £1,149 | 157,146* | £2.8m |
| Dec 2021 | £164m | £38.8m | £125m | £1,040 | 157,146* | £819k |
| Sep 2021 | £164m | £54.1m | £109m | £1,040 | 157,146* | £819k |
| Jun 2021 | £166m | £43.6m | £122m | £1,066 | 155,284* | £819k |
| Mar 2021 | £152m | £44.5m | £108m | £982 | 155,284* | £819k |
| Dec 2020 | £116m | £35.0m | £81.0m | £747 | 155,284* | £1.9m |
| Sep 2020 | £101m | £27.0m | £74.0m | £650 | 155,284* | £1.9m |
| Jun 2020 | £91.0m | £31.5m | £59.5m | £587 | 154,921* | £1.9m |
| Mar 2020 | £101m | £39.2m | £61.8m | £652 | 154,921* | £1.9m |
* Population estimated: ONS no longer publishes it for this council.