I understand that Herefordshire Council borrows a lot of money and interest payments swallow a significant amount of the annual council tax.
How much, in £, of the current borrowing burden is through the much questioned LOBO Loans (http://lada.debtresistance.uk/what-is-a-lobo/)
And what as a % interest rate is being charged/budgeted for in 2024.
And how much is this amount in £'s.
How much, in £, of the current borrowing burden is through the long standing and much respected PWLB, Public Works Loan Board. An independent and unpaid statutory body:
(https://www.dmo.gov.uk/responsibilities/local-authority-lending/history-of-public-works-loans/).
And what as a % interest rate is being charged/budgeted for in 2024.
And how much is this amount in £'s.
Is there any other council borrowing from other sources, amount in £'s.