https://www.sloughobserver.co.uk/new...debt-revealed/
brace yourself!
THE HUGE scale of Slough Borough Council’s debt it has amassed has been revealed, as it equates to almost £3,000 per resident.
It comes as the council is about to raise council tax by 8.5 per cent this year as government commissioners continue to scrutinise the borough’s finances.
The stark debt situation has been highlighted in a nationwide report by the BBC Shared Data Unit.
It showed that Slough Borough Council was £430 million in debt in Quarter 2 of the 2023/24 financial year.
That is the 69th highest amount of debt by an authority in the country.
READ MORE: Debt-ridden Slough Borough Council not making enough financial progress, says government
It also means that the amount of debt per person in Slough was £2,717, as the borough has a population of 158,289.
It comes as the council is about to raise council tax by 8.5 per cent this year as government commissioners continue to scrutinise the borough’s finances.
The stark debt situation has been highlighted in a nationwide report by the BBC Shared Data Unit.
It showed that Slough Borough Council was £430 million in debt in Quarter 2 of the 2023/24 financial year.
That is the 69th highest amount of debt by an authority in the country.
READ MORE: Debt-ridden Slough Borough Council not making enough financial progress, says government
It also means that the amount of debt per person in Slough was £2,717, as the borough has a population of 158,289.
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