City of York Council’s Debt Reaches £298.9m, According to Latest Figures
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City of York Council’s Debt Reaches £298.9m, According to Latest Figures

The details in a latest York Press report reveal that the city council’s total debt for 2023-24 was £298.9m, which shows up as the 110th highest amount out of 381 local authorities across the UK. According to City of York Council’s executive member for finance and performance, Cllr Katie Lomas, the council can afford to repay the debt and it’s not a financial concern. The figures say that York’s accumulated debt per person over the last year was £1,482 for a population of 201,672.
A government spokesperson from the Department for Levelling Up, Housing and Communities emphasized that councils are ultimately responsible for their finances but not to put taxpayers’ money at risk through excessive debt. The Local Government Association has urged the government to come up with a long-term plan to sufficiently fund local services.