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HM Treasury agreed debt caps with several Mayoral Combined Authorities in 2018. These caps place a limit on long-term external debt in each financial year, and for the West Midlands this cap is:<\/p>
£<\/p><\/td> | 2018-19<\/p><\/td> | 2019-20<\/p><\/td> | 2020-21<\/p><\/td><\/tr> | ||||||
WMCA long-term external debt<\/p><\/td> | 546,744,807<\/p><\/td> | 783,049,523<\/p><\/td> | 1,041,974,844<\/p><\/td><\/tr><\/tbody><\/table> <\/p> Figures published by the Ministry for Housing, Communities and Local Government detail outstanding debt on a quarterly basis for each local authority and combined authority. This is available at:<\/p>
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