Council spend on servicing debt 2020-2025

Request

1) I am now making another request in follow to my previous question: In pounds, how much money does the council spend on servicing debt each financial year?

 

2) Please provide figures for the following financial years:

 

2020-2021

 

2021-2022

 

2022-2023

 

2023-2024

 

2024-2025

 

3) How much was the council liable to spend on servicing debt each financial year?

 

4) How much did the council actually spend on servicing debt each financial year?

 

Please give answers in pounds.

 

Servicing debt refers to the entire sum owed on debt interest payments including both the GF and HRA.

Decision

1.

 

 

Total £

2024/2025

24,996,967

2023/2024

27,492,796

2022/2023

25,920,291

2021/2022

28,949,909

2020/2021

32,838,173

 

2.

 

 

Total %

2024/2025

6%

2023/2024

8%

2022/2023

8%

2021/2022

9%

2020/2021

10%

 

3. The Council was contractually liable for all payments due for debt servicing cost (principal and interest) as follows:

 

2024/2025

£24,996,967

2023/2024

£27,492,796

2022/2023

£25,920,291

2021/2022

£28,949,909

2020/2021

£32,838,173

 

4. The Council actually paid what it was liable to pay as follows:

 

2024/2025

£24,996,967

2023/2024

£27,492,796

2022/2023

£25,920,291

2021/2022

£28,949,909

2020/2021

£32,838,173

Reference number
16519141
Date request received
14 May 2026
Date of decision
10 June 2026