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West Devon council debt

District council, England. Latest figures: Jun 2026.

Total debt
£25.6m
£25,625,000
Debt per person
£434
58,980 residents
Net debt
£1.3m
after £24.3m of investments
Change in a year
−2.8%
−£746k since Mar 2025
Debt to budget
1.2×
times net current spending, 2025-26
Local economy
£22,567
GDP per person; debt is 1.9% of the area's £1.33bn GDP
Debt cost
£27
per person: £1.6m of interest and repayment in 2025-26 (£856k interest)

West Devon has the 83rd highest debt per person of 164 district councils in the UK (Jun 2026).

West Devon debt over time

£0£7.5m£15.0m£22.6m£30.1mJun 202620102012201420162018202020222024

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

What West Devon 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£23.6m · borrowed £22.8m2019-20£1.4m2020-21£1.0m2021-22£1.1m · borrowed £162k2022-23£2.0m2023-24£4.3m2024-25£6.2m · borrowed £175k
Commercial property and companiesHousingRoads and transportEnvironment and wasteCulture, leisure and sportCentral services and corporate property
YearCapital spendingBorrowedBiggest items
2024-25£6.2m£175kRoads and transport £3.4m, Housing £1.7m, Culture, leisure and sport £660k
2023-24£4.3m–Housing £3.3m, Roads and transport £493k, Environment and waste £214k
2022-23£2.0m–Housing £1.8m, Central services and corporate property £223k, Culture, leisure and sport £22k
2021-22£1.1m£162kHousing £815k, Central services and corporate property £249k, Culture, leisure and sport £39k
2020-21£1.0m–Housing £648k, Central services and corporate property £179k, Environment and waste £171k
2019-20£1.4m–Housing £1.1m, Commercial property and companies £191k, Central services and corporate property £132k
2018-19£23.6m£22.8mCommercial property and companies £21.4m, Environment and waste £958k, Housing £679k

"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 West Devon 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£25.6m100%

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.

West Devon debt by year

DateDebtInvestmentsNet debtPer personPopulationDebt cost
Jun 2026£25.6m£24.3m£1.3m£43458,980£1.6m
Mar 2026£25.6m£25.0m£615k£43458,980£1.6m
Dec 2025£26.4m£37.4m−£11.0m£44758,980£1.4m
Sep 2025£26.4m£34.9m−£8.5m£44758,980£1.4m
Jun 2025£26.4m£35.8m−£9.5m£44858,849£1.4m
Mar 2025£26.4m£31.9m−£5.6m£44858,849£1.4m
Dec 2024£27.0m£35.4m−£8.4m£45958,849£1.4m
Sep 2024£27.0m£30.9m−£3.9m£45958,849£1.4m
Jun 2024£27.0m£32.1m−£5.0m£45958,889£1.4m
Mar 2024£27.7m£26.2m£1.5m£47158,889£1.4m
Dec 2023£27.7m£29.5m−£1.8m£47158,889£1.4m
Sep 2023£27.7m£26.8m£941k£47158,889£1.4m
Jun 2023£27.7m£22.9m£4.8m£47758,152£1.4m
Mar 2023£27.7m£21.7m£6.0m£47758,152£1.4m
Dec 2022£28.3m£30.7m−£2.3m£48758,152£1.4m
Sep 2022£28.3m£28.2m£106k£48758,152£1.4m
Jun 2022£30.1m£31.2m−£1.1m£52357,480£1.4m
Mar 2022£30.1m£27.6m£2.5m£52357,480£1.4m
Dec 2021£30.1m£33.1m−£3.0m£52357,480£1.4m
Sep 2021£30.1m£29.2m£929k£52357,480£1.4m
Jun 2021£30.1m£28.0m£2.0m£53556,236£1.4m
Mar 2021£30.1m£19.6m£10.5m£53556,236£1.4m
Dec 2020£30.1m£24.7m£5.4m£53556,236£1.3m
Sep 2020£30.1m£19.7m£10.4m£53556,236£1.3m
Jun 2020£30.1m£20.8m£9.3m£53855,865£1.3m
Mar 2020£30.1m£13.9m£16.2m£53855,865£1.3m
Mar 2019£27.6m£10.0m£17.6m£49655,647£609k
Mar 2018£4.8m£6.8m−£2.1m£8555,557£96k
Mar 2017£2.1m£8.8m−£6.7m£3854,947–
Mar 2016£2.1m£8.3m−£6.2m£3854,623–
Mar 2015£2.1m£7.6m−£5.5m£3954,402–
Mar 2014£2.1m£4.6m−£2.5m£3954,011–
Mar 2013£2.1m£3.6m−£1.5m£3953,938–
Mar 2012£2.1m£4.1m−£2.0m£3953,655–
Mar 2011£2.1m£4.7m−£2.6m£3953,285–
Mar 2010£2.1m£4.7m−£2.6m£4052,868–

Similar councils

CouncilDebtPer person
North West Leicestershire£53.8m£475
Fareham£53.5m£464
Maidstone£85.0m£444
West Devon£25.6m£434
Charnwood£76.2m£402
Lancaster£55.9m£385
Castle Point£31.1m£344

District councils closest in debt per person, Jun 2026.

See West Devon on the UK council debt map