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Weymouth & Portland council debt

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

Total debt
£21.0m
£21,000,000
Debt per person
£313
67,047 residents (estimated)
Net debt
£0
after £40.5m of investments
Change in a year
−22.2%
−£6.0m since Mar 2018
Debt to budget
0.6×
times net current spending, 2018-19
Debt cost
£46
per person: £3.1m of interest and repayment in 2018-19 (£2.9m interest)

Weymouth & Portland debt over time

£0£6.8m£13.5m£20.2m£27.0m201920102012201420162018

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

What Weymouth & Portland 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£854k
HousingCulture, leisure and sportRoads and transportEnvironment and waste
YearCapital spendingBorrowedBiggest items
2018-19£854k–Housing £430k, Culture, leisure and sport £238k, Roads and transport £115k

"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.

Weymouth & Portland debt by year

DateDebtInvestmentsNet debtPer personPopulationDebt cost
Mar 2019£21.0m£40.5m£0£31367,047*£3.1m
Mar 2018£27.0m£44.0m£0£40466,881*£1.5m
Mar 2017£27.0m£38.8m£0£40666,478*–
Mar 2016£27.0m£32.6m£0£40866,176*–
Mar 2015£27.0m£31.6m£0£41065,813*–
Mar 2014£27.0m£24.9m£2.1m£41165,627*–
Mar 2013£27.0m£30.2m£0£41365,435*–
Mar 2012£27.0m£32.9m£0£41365,314*–
Mar 2011£27.0m£33.7m£0£41565,032–
Mar 2010£27.0m£25.8m£1.2m£41565,046–

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

See Weymouth & Portland on the UK council debt map