Map › All councils › Test Valley

Test Valley council debt

District council, England. Latest figures: Jun 2026.

Total debt
£5.8m
£5,763,000
Debt per person
£42
135,698 residents
Net debt
£0
after £121m of investments
Change in a year
−4.3%
−£257k since Mar 2025
Debt to budget
0.2×
times net current spending, 2025-26
Local economy
£38,055
GDP per person; debt is 0.1% of the area's £5.16bn GDP
Debt cost
£3
per person: £365k of interest and repayment in 2025-26 (£151k interest)

Test Valley has the 123rd highest debt per person of 164 district councils in the UK (Jun 2026).

Test Valley debt over time

£0£1.9m£3.7m£5.6m£7.5mJun 202620102012201420162018202020222024

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

What Test Valley 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£28.5m · borrowed £5.9m2019-20£7.8m · borrowed £1.6m2020-21£7.8m2021-22£8.7m2022-23£7.2m2023-24£5.8m · borrowed £300k2024-25£9.0m
Culture, leisure and sportCentral services and corporate propertyCommercial property and companiesHousingPlanning and regenerationEnvironment and wasteRoads and transportOther trading servicesDigital
YearCapital spendingBorrowedBiggest items
2024-25£9.0m–Central services and corporate property £3.8m, Culture, leisure and sport £3.4m, Housing £1.4m
2023-24£5.8m£300kHousing £2.9m, Culture, leisure and sport £1.7m, Central services and corporate property £760k
2022-23£7.2m–Commercial property and companies £2.9m, Culture, leisure and sport £1.5m, Housing £1.2m
2021-22£8.7m–Planning and regeneration £4.0m, Housing £1.8m, Culture, leisure and sport £1.6m
2020-21£7.8m–Culture, leisure and sport £2.3m, Commercial property and companies £1.5m, Housing £1.5m
2019-20£7.8m£1.6mCulture, leisure and sport £2.2m, Central services and corporate property £2.0m, Commercial property and companies £1.5m
2018-19£28.5m£5.9mCulture, leisure and sport £14.5m, Central services and corporate property £7.6m, Commercial property and companies £5.3m

"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 Test Valley 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£5.8m100%

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.

Test Valley debt by year

DateDebtInvestmentsNet debtPer personPopulationDebt cost
Jun 2026£5.8m£121m£0£42135,698£365k
Mar 2026£5.8m£109m£0£43135,698£365k
Dec 2025£5.9m£123m£0£43135,698£351k
Sep 2025£5.9m£116m£0£44135,698£351k
Jun 2025£6.0m£102m£0£45135,169£351k
Mar 2025£6.0m£90.2m£0£45135,169£351k
Dec 2024£6.1m£108m£0£45135,169£351k
Sep 2024£6.2m£102m£0£46135,169£351k
Jun 2024£6.3m£94.7m£0£47134,368£351k
Mar 2024£6.3m£88.0m£0£47134,368£351k
Dec 2023£6.4m£104m£0£48134,368£351k
Sep 2023£6.4m£101m£0£48134,368£351k
Jun 2023£6.5m£94.9m£0£49132,879£351k
Mar 2023£6.5m£90.4m£0£49132,879£351k
Dec 2022£6.6m£104m£0£50132,879£352k
Sep 2022£6.7m£108m£0£50132,879£352k
Jun 2022£6.8m£104m£0£52131,158£352k
Mar 2022£6.8m£97.3m£0£52131,158£352k
Dec 2021£6.9m£106m£0£52131,158£351k
Sep 2021£6.9m£98.2m£0£53131,158£351k
Jun 2021£7.5m£87.3m£0£58128,858£351k
Mar 2021£7.5m£72.2m£0£58128,858£351k
Dec 2020£7.5m£89.4m£0£58128,858£351k
Sep 2020£7.5m£80.7m£0£58128,858£351k
Jun 2020£7.5m£78.8m£0£58127,652£351k
Mar 2020£7.5m£71.6m£0£58127,652£351k
Mar 2019£5.9m£57.2m£0£47126,474£16k
Mar 2018£0£65.3m£0£0125,250£0
Mar 2017£0£60.9m£0£0124,155–
Mar 2016£0£63.8m£0£0122,256–
Mar 2015£0£59.2m£0£0120,478–
Mar 2014£0£52.0m£0£0119,068–
Mar 2013£0£52.2m£0£0117,462–
Mar 2012£0£52.2m£0£0116,698–
Mar 2011£0£49.9m£0£0115,814–
Mar 2010£0£49.9m£0£0115,251–

Similar councils

CouncilDebtPer person
Preston£12.3m£75
Havant£7.7m£60
West Suffolk£8.9m£47
Test Valley£5.8m£42
Rossendale£3.0m£41
Chelmsford£7.2m£38
Blaby£4.0m£37

District councils closest in debt per person, Jun 2026.

See Test Valley on the UK council debt map