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South Lakeland council debt

District council, England. This council no longer exists; its last figures are for Mar 2023.

Total debt
£12.8m
£12,800,000
Debt per person
£122
104,760 residents (estimated)
Net debt
£0
after £21.3m of investments
Change in a year
+0.0%
+£0 since Mar 2022
Debt to budget
0.4×
times net current spending, 2022-23
Debt cost
£17
per person: £1.7m of interest and repayment in 2022-23 (£567k interest)

South Lakeland debt over time

£0£5.1m£10.2m£15.4m£20.5m20232010201220142016201820202022

Outstanding borrowing at each date, Mar 2010 to Mar 2023.

What South Lakeland 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 2022-23.

2018-19£4.0m · borrowed £931k2019-20£4.1m · borrowed £870k2020-21£5.7m · borrowed £3.5m2021-22£10.9m · borrowed £3.8m2022-23£6.0m · borrowed £1.0m
HousingCentral services and corporate propertyCulture, leisure and sportRoads and transportPlanning and regenerationEnvironment and waste
YearCapital spendingBorrowedBiggest items
2022-23£6.0m£1.0mHousing £2.8m, Culture, leisure and sport £1.4m, Central services and corporate property £735k
2021-22£10.9m£3.8mHousing £5.8m, Central services and corporate property £4.0m, Culture, leisure and sport £551k
2020-21£5.7m£3.5mCentral services and corporate property £4.1m, Housing £1.1m, Culture, leisure and sport £436k
2019-20£4.1m£870kCulture, leisure and sport £1.4m, Housing £1.1m, Roads and transport £769k
2018-19£4.0m£931kCentral services and corporate property £1.1m, Housing £1.1m, Culture, leisure and sport £918k

"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.

South Lakeland debt by year

DateDebtInvestmentsNet debtPer personPopulationDebt cost
Mar 2023£12.8m£21.3m£0£122104,760*£1.7m
Dec 2022£12.8m£50.9m£0£122104,760*£1.5m
Sep 2022£12.8m£40.8m£0£122104,760*£1.5m
Jun 2022£12.8m£33.8m£0£123104,461*£1.5m
Mar 2022£12.8m£25.9m£0£123104,461*£1.5m
Dec 2021£12.8m£48.7m£0£123104,461*£1.4m
Sep 2021£12.8m£40.0m£0£123104,461*£1.4m
Jun 2021£12.8m£33.6m£0£123104,026*£1.4m
Mar 2021£12.8m£30.1m£0£123104,026*£1.4m
Dec 2020£12.8m£56.5m£0£123104,026*£1.3m
Sep 2020£12.8m£47.5m£0£123104,026*£1.3m
Jun 2020£12.8m£55.9m£0£123104,102*£1.3m
Mar 2020£12.8m£29.0m£0£123104,102*£1.3m
Mar 2019£12.8m£20.4m£0£123103,883*£1.1m
Mar 2018£12.8m£17.9m£0£123103,676*£1.0m
Mar 2017£12.8m£22.0m£0£124103,454*–
Mar 2016£12.8m£17.4m£0£124103,348*–
Mar 2015£12.8m£16.6m£0£124103,183*–
Mar 2014£13.8m£13.8m£0£134103,129*–
Mar 2013£20.5m£22.4m£0£198103,360*–
Mar 2012£0£24.6m£0£0103,692*–
Mar 2011£5.8m£13.2m£0£56104,143–
Mar 2010£3.0m£13.2m£0£29104,410–

* Population estimated: ONS no longer publishes it for this council.

See South Lakeland on the UK council debt map