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Waveney council debt

District council, England. This council no longer exists; its last figures are for Mar 2019.

Total debt
£87.6m
£87,573,000
Debt per person
£744
117,782 residents (estimated)
Net debt
£41.2m
after £46.4m of investments
Change in a year
−0.3%
−£242k since Mar 2018
Debt to budget
2.0×
times net current spending, 2018-19
Debt cost
£16
per person: £1.9m of interest and repayment in 2018-19 (£1.1m interest)

Waveney debt over time

£0£23.3m£46.6m£70.0m£93.3m201920102012201420162018

Outstanding borrowing at each date, Mar 2010 to Mar 2019.

What Waveney 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 2018-19.

2018-19£13.8m · borrowed £744k
HousingEnvironment and wasteCentral services and corporate propertyCulture, leisure and sportPlanning and regenerationRoads and transport
YearCapital spendingBorrowedBiggest items
2018-19£13.8m£744kHousing £10.4m, Environment and waste £1.9m, Central services and corporate property £855k

"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.

Waveney debt by year

DateDebtInvestmentsNet debtPer personPopulationDebt cost
Mar 2019£87.6m£46.4m£41.2m£744117,782*£1.9m
Mar 2018£87.8m£42.3m£45.6m£748117,388*£1.3m
Mar 2017£90.9m£40.2m£50.7m£780116,574*–
Mar 2016£91.1m£27.8m£63.2m£785115,934*–
Mar 2015£93.3m£26.9m£66.4m£807115,669*–
Mar 2014£93.3m£14.3m£78.9m£807115,665*–
Mar 2013£89.3m£7.0m£82.3m£773115,513*–
Mar 2012£85.3m£10.8m£74.5m£737115,677*–
Mar 2011£31.0m£16.7m£14.3m£268115,670–
Mar 2010£31.0m£9.6m£21.5m£267116,036–

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

See Waveney on the UK council debt map