Council debt and asset sales 2022/2023
Case reference FOI2023/00720
Published 11 May 2023
Request
Please advise:
1. The current total of your General Fund debt.
2. The total interest payments on your General Fund debt paid in the financial year 2022/23.
3. The total revenue you obtained from the sale of General Fund assets, including buildings and land, in the financial year 2022/23.
4. The estimate (if any) you have on the number of new homes that have been built or are due to be built on the land and buildings that you sold from your General Fund assets in the financial year 2022/23.
Response
Please advise:
1. The current total of your General Fund debt.
As at 31 March 2023 the total principal outstanding in relation to Danske Bank and Dexia Credit (Lender Option Borrower Option (LOBO)) loans was £122.57m.
2. The total interest payments on your General Fund debt paid in the financial year 2022/23.
Interest payments for 2022/23 totalled £5.10m.
3. The total revenue you obtained from the sale of General Fund assets, including buildings and land, in the financial year 2022/23.
Revenue receipts £1.37m.
4. The estimate (if any) you have on the number of new homes that have been built or are due to be built on the land and buildings that you sold from your General Fund assets in the financial year 2022/23.
Not aware of any at this time.
Documents
This is Herefordshire Council's response to a freedom of information (FOI) or environmental information regulations (EIR) request.
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