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Stevenage council debt

District council, England. Latest figures: Jun 2026.

Total debt
£266m
£266,057,000
Debt per person
£2,889
92,081 residents
Net debt
£193m
after £72.9m of investments
Change in a year
+4.6%
+£11.5m since Mar 2025
Debt to budget
10.2×
times net current spending, 2025-26
Local economy
£40,095
GDP per person; debt is 7.2% of the area's £3.69bn GDP
Debt cost
£119
per person: £10.9m of interest and repayment in 2025-26 (£10.1m interest)

Stevenage has the 7th highest debt per person of 164 district councils in the UK (Jun 2026).

Stevenage debt over time

£0£66.5m£133m£200m£266mJun 202620102012201420162018202020222024

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

What Stevenage 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£30.4m · borrowed £2.0m2019-20£43.5m · borrowed £8.9m2020-21£44.4m · borrowed £23.6m2021-22£61.3m · borrowed £38.8m2022-23£61.8m · borrowed £9.5m2023-24£46.4m · borrowed £12.0m2024-25£44.4m · borrowed £4.1m
HousingPlanning and regenerationCommercial property and companiesRoads and transportEnvironment and wasteCentral services and corporate propertyCulture, leisure and sportOther trading servicesDigital
YearCapital spendingBorrowedBiggest items
2024-25£44.4m£4.1mHousing £32.0m, Planning and regeneration £7.9m, Commercial property and companies £2.0m
2023-24£46.4m£12.0mHousing £38.6m, Commercial property and companies £3.6m, Planning and regeneration £2.6m
2022-23£61.8m£9.5mHousing £44.0m, Commercial property and companies £13.0m, Central services and corporate property £1.6m
2021-22£61.3m£38.8mHousing £52.2m, Roads and transport £4.7m, Planning and regeneration £3.2m
2020-21£44.4m£23.6mHousing £26.7m, Planning and regeneration £9.7m, Roads and transport £5.9m
2019-20£43.5m£8.9mHousing £30.4m, Planning and regeneration £10.4m, Central services and corporate property £752k
2018-19£30.4m£2.0mHousing £23.4m, Planning and regeneration £2.8m, Environment and waste £2.3m

"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.

Who Stevenage 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£259m98%
Other councilsloans from other local authorities, usually short term£6.6m2%

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.

Stevenage debt by year

DateDebtInvestmentsNet debtPer personPopulationDebt cost
Jun 2026£266m£72.9m£193m£2,88992,081£10.9m
Mar 2026£259m£51.9m£208m£2,81892,081£10.9m
Dec 2025£248m£56.1m£192m£2,69392,081£9.8m
Sep 2025£248m£56.8m£191m£2,69392,081£9.8m
Jun 2025£248m£50.5m£197m£2,71891,234£9.8m
Mar 2025£248m£46.1m£202m£2,71891,234£9.8m
Dec 2024£248m£55.0m£193m£2,71891,234£8.0m
Sep 2024£248m£39.4m£209m£2,71891,234£8.0m
Jun 2024£242m£31.6m£211m£2,68490,330£8.0m
Mar 2024£235m£25.2m£210m£2,60190,330£8.0m
Dec 2023£235m£40.3m£195m£2,60190,330£7.6m
Sep 2023£235m£44.9m£190m£2,60190,330£7.6m
Jun 2023£227m£45.0m£182m£2,53989,592£7.6m
Mar 2023£227m£43.3m£184m£2,53989,592£7.6m
Dec 2022£228m£58.0m£170m£2,54189,592£447k
Sep 2022£228m£69.6m£158m£2,54189,592£447k
Jun 2022£228m£73.2m£155m£2,54989,360£447k
Mar 2022£228m£68.8m£159m£2,54989,360£447k
Dec 2021£219m£82.3m£136m£2,44989,360£274k
Sep 2021£219m£75.0m£144m£2,44989,360£274k
Jun 2021£219m£75.3m£144m£2,44089,755£274k
Mar 2021£219m£69.7m£149m£2,44089,755£274k
Dec 2020£209m£56.4m£153m£2,33089,755£1.1m
Sep 2020£209m£58.3m£151m£2,33089,755£1.1m
Jun 2020£209m£57.3m£152m£2,33789,541£1.1m
Mar 2020£209m£54.8m£154m£2,33789,541£1.1m
Mar 2019£205m£54.3m£151m£2,30189,310£1.1m
Mar 2018£207m£62.4m£145m£2,32689,099£977k
Mar 2017£209m£57.6m£152m£2,36888,466–
Mar 2016£210m£51.2m£159m£2,39887,482–
Mar 2015£217m£49.0m£168m£2,50386,719–
Mar 2014£216m£25.1m£191m£2,51085,974–
Mar 2013£214m£11.7m£202m£2,51585,052–
Mar 2012£217m£11.6m£205m£2,57584,247–
Mar 2011£17.0m£16.2m£803k£20583,007–
Mar 2010£5.0m£16.0m£0£6182,253–

Similar councils

CouncilDebtPer person
Eastleigh£616m£4,283
Harlow£355m£3,606
Uttlesford£301m£3,110
Stevenage£266m£2,889
Adur£179m£2,766
Basildon£518m£2,680
Brentwood£197m£2,460

District councils closest in debt per person, Jun 2026.

See Stevenage on the UK council debt map