196501-436854 FOI Finance

Short Description
Council Debt
Reference number
FOI196501-436854
Date
02/01/2024
Request

Please can you tell me the total amount owed in debt by RBWM as of the day you respond to this request?

Please can you also tell me how long it will take to pay off the debt under the current repayment plans?

Please can you also tell me how this debt was accrued? giving dates and amounts for each significant element of the debt and a description of what the money was used for?

Furthermore please can you tell me how much capital is being repaid on the debt annually and how much is being spent on interest payments?

Lastly could you tell me what % of the average RBWM Council Tax Bill is eaten up servicing this debt?

Response
Attachment #1
Response Letter
Attachment #2
Answer