Item 09 Appendix 6
West Dunbartonshire Council · 25 March 2026
Back to West Dunbartonshire Council — 25 March 2026 and its agenda
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West Dunbartonshire Council Prudential and Treasury Indicators General Services 59,015 56,181 26,203 43,082 11,665 11,600 11,600 11,317 11,667 11,560 11,560 Financed by: Capital grants 41,183 26,469 8,829 6,436 6,436 6,436 6,436 6,436 6,436 6,436 6,436 Revenue 0 796 496 496 496 496 496 496 496 496 496 Other funding 0 0 0 0 0 0 0 0 0 0 0 Net financing need for the year 17,832 28,916 16,878 36,150 4,733 4,668 4,668 4,385 4,735 4,628 4,628 HRA 50,896 63,685 60,250 44,550 47,650 45,650 0 0 0 0 0 Financed by: Capital grants 10,707 15,601 8,151 6,301 9,001 7,101 0 0 0 0 0 Revenue 0 0 0 0 0 0 0 0 0 0 0 Other funding 0 0 0 0 0 0 0 0 0 0 0 Net financing need for the year 40,189 48,084 52,099 38,249 38,649 38,549 0 0 0 0 0 General Services 59,015 56,181 26,203 43,082 11,665 11,600 11,600 11,317 11,667 11,560 11,560 HRA 50,896 63,685 60,250 44,550 47,650 45,650 0 0 0 0 0 Capital Expenditure 109,911 119,866 86,453 87,632 59,315 57,250 11,600 11,317 11,667 11,560 11,560 Capital grants 51,890 42,070 16,980 12,737 15,437 13,537 6,436 6,436 6,436 6,436 6,436 Revenue 0 796 496 496 496 496 496 496 496 496 496 Other funding 0 0 0 0 0 0 0 0 0 0 0 Net financing need for the year 58,021 77,000 68,977 74,399 43,382 43,217 4,668 4,385 4,735 4,628 4,628 Capital Financing Requirement CFR – General Services 481,094 521,085 546,564 562,132 570,619 578,996 566,917 554,663 542,566 530,383 518,177 CFR – HRA 426,630 462,094 484,689 498,495 506,021 513,449 502,738 491,871 481,143 470,339 459,516 Total CFR 907,724 983,180 1,031,253 1,060,627 1,076,640 1,092,445 1,069,656 1,046,533 1,023,709 1,000,722 977,693 Movement in CFR 31,206 75,455 48,073 29,374 16,013 15,805 (22,790) (23,122) (22,824) (22,987) (23,029) Movement in CFR represented by Net financing need for the year (above) 58,021 77,000 68,977 74,399 43,382 43,217 4,668 4,385 4,735 4,628 4,628 Loans Fund Review - - - - - - - - - - - Less scheduled debt amortisation and other financing movements (26,815) (1,544) (20,903) (45,025) (27,369) (27,412) (27,458) (27,507) (27,559) (27,615) (27,657) Movement in CFR 31,206 75,455 48,073 29,374 16,013 15,805 (22,790) (23,122) (22,824) (22,987) (23,029) Forecast 2035/36 Forecast 2035/36 Forecast 2035/36 Forecast 2035/36 Forecast 2030/31 Forecast 2027/28 Forecast 2028/29 Forecast 2029/30 Forecast 2030/31 Table A - Net Capital Financing Need General Services and HRA Shown Separately £000 Forecast 2025/26 Forecast 2026/27 Forecast 2027/28 Forecast 2031/32£000 Forecast 2028/29 Forecast 2029/30 Forecast 2030/31 Forecast 2031/32 Forecast 2025/26 Forecast 2026/27 Forecast 2027/28 Forecast 2028/29 Forecast 2029/30 Forecast 2032/33 Forecast 2032/33 Forecast 2032/33 Forecast 2032/33 Forecast 2025/26 Forecast 2026/27 Forecast 2027/28 Table B - Capital Financing Requirement General Services and HRA Combined £000 Forecast 2033/34 Forecast 2025/26 Forecast 2026/27 Forecast 2031/32 Forecast 2033/34 £000 Forecast 2034/35 Forecast 2034/35 Forecast 2034/35 Forecast 2034/35 Forecast 2028/29 Forecast 2029/30 Forecast 2030/31 Forecast 2031/32 Forecast 2033/34 Forecast 2033/34 Appendix 6
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West Dunbartonshire Council Prudential and Treasury Indicators Table C - Internal Loan Fund Repayment Profile (excluding PPP repayments) General Services (Exc PPP) 7.19% 7.73% 8.14% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% General Services 9.85% 10.32% 10.66% 2.45% 2.41% 2.36% 2.30% 2.23% 2.16% 2.09% 0.00% HRA 51.06% 66.47% 70.56% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% External Debt Debt at 1 April 467,911 499,724 575,774 624,479 654,524 671,190 687,691 665,643 643,312 621,331 599,243 New Borrowing - CFR 31,813 76,049 48,705 30,046 16,666 16,501 (22,048) (22,331) (21,981) (22,088) (22,088) Debt at 31 March 499,724 575,774 624,479 654,524 671,190 687,691 665,643 643,312 621,331 599,243 577,155 Long Term Liabilities at 1 April 90,121 89,514 88,920 88,288 87,616 86,964 86,268 85,526 84,735 83,892 82,993 Change in Long Term Liabilities (607) (594) (631) (672) (653) (696) (742) (791) (843) (899) (941) Long Term Liabilities at 31 March 89,514 88,920 88,288 87,616 86,964 86,268 85,526 84,735 83,892 82,993 82,052 Gross Debt at 31 March 589,238 664,694 712,767 742,141 758,154 773,959 751,170 728,047 705,223 682,236 659,207 Capital Financing Requirement 907,724 983,180 1,031,253 1,060,627 1,076,640 1,092,445 1,069,656 1,046,533 1,023,709 1,000,722 977,693 Under / (Over) Borrowing 318,486 318,486 318,486 318,486 318,486 318,486 318,486 318,486 318,486 318,486 318,486 Forecast 2035/36 Forecast 2035/36 Forecast 2034/35 Forecast 2034/35 Forecast 2032/33 Forecast 2032/33 Table E - Gross External Debt compared to the Underlying Need to Borrow (CFR) £000 Forecast 2025/26 Forecast 2026/27 Forecast 2027/28 Forecast 2028/29 Forecast 2029/30 Forecast 2030/31 Forecast 2031/32 Forecast 2025/26 Forecast 2026/27 Forecast 2027/28 Forecast 2028/29 Forecast 2029/30 Forecast 2030/31 Forecast 2033/34 Table D - Ratio of Financing Costs to Net Revenue Stream Forecast 2031/32 Forecast 2033/34
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West Dunbartonshire Council Prudential and Treasury Indicators External Debt 549,697 633,351 686,926 719,977 738,309 756,461 732,208 707,644 683,464 659,168 634,871 Long Term Liability 98,465 97,812 97,117 96,378 95,660 94,895 94,079 93,209 92,281 91,292 90,257 Total 648,162 731,163 784,044 816,355 833,969 851,355 826,287 800,852 775,746 750,460 725,128 External Debt 599,669 690,929 749,374 785,429 805,429 825,230 798,772 771,975 745,598 719,092 692,586 Long Term Liability 107,417 106,704 105,946 105,140 104,356 103,522 102,631 101,682 100,670 99,591 98,462 Total 707,086 797,632 855,320 890,569 909,785 928,751 901,404 873,657 846,268 818,683 791,049 Bank Rate 3.75% 3.50% 3.50% 3.25% 3.25% 3.25% 3.25% 3.25% 5yr PWLB Rate 4.60% 4.50% 4.30% 4.20% 4.10% 4.10% 4.10% 4.10% 10yr PWLB Rate 5.20% 5.00% 4.90% 4.80% 4.80% 4.70% 4.70% 4.70% 25yr PWLB Rate 5.80% 5.70% 5.60% 5.50% 5.50% 5,40% 5.30% 5.30% 50yr PWLB Rate 5.60% 5.50% 5.40% 5.30% 5.30% 5.20% 5.10% 5.10% Long term rating 1 year 2 years 3 years 4 years 5 years AAA 0.04% 0.09% 0.16% 0.24% 0.33% AA 0.02% 0.04% 0.09% 0.15% 0.21% A 0.05% 0.13% 0.23% 0.34% 0.47% BBB 0.14% 0.36% 0.62% 0.92% 1.22% BB 0.62% 1.77% 3.06% 4.36% 5.59% B 2.61% 6.45% 9.95% 12.99% 15.54% CCC 18.94% 26.83% 32.22% 35.69% 38.63% Note - The AAA default risk is actually higher than the AA default risk due the number of AAA rated institutions left Forecast 2035/36 Forecast 2035/36 Forecast 2025/26 Forecast 2034/35 Forecast 2034/35 Sep-27 Dec-27 Table I - Historic Risk of Default Mar-26 Forecast 2027/28 Forecast 2028/29 Forecast 2029/30 Forecast 2030/31 Forecast 2031/32 Table F - Operational Boundary £000 Forecast 2025/26 Forecast 2026/27 Forecast 2031/32 Sep-26 Dec-26 Table H - Interest Rate Forecast Table G - Authorised Limit Jun-26 Mar-27 Jun-27Link Asset Services Interest Rate View Forecast 2026/27 Forecast 2027/28 Forecast 2028/29 Forecast 2029/30 Forecast 2030/31£000 Forecast 2032/33 Forecast 2032/33 Forecast 2033/34 Forecast 2033/34
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West Dunbartonshire Council Prudential and Treasury Indicators Investment Fitch Category (or equivalent) Money Limit Time Limit F1+ / AA- £10million 364 days F1 / A- £5 million 2 F1/A- £10 million (per group) 364 days 3 £5 million Overnight 4 £5 million 364 days 5 As in 1 above £10million and £5million 364 days Sector Limit £25 million Fund Limit £5 million 7 No limit 6 months Sector Limit £25 million 364 days Fund Limit £5 million £000 1% -1% Variable Rate Debt Payments N/A N/A N/A Variable Rate Investment income 26,310 263 -263 Very liquid no time limit applies Table K - Sensitivity to Interest Rate Movements 8 6 1 Table J - Counterparty Limits
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West Dunbartonshire Council Prudential and Treasury Indicators 2025/26 2026/27 2027/28 Upper Upper Upper Limits on fixed interest rates Limits on variable interest rates Lower Upper Lower Upper Lower Upper Under 12 months 0% 50% 0% 50% 0% 50% 12 months to 2 years 0% 50% 0% 50% 0% 50% 2 years to 5 years 0% 50% 0% 50% 0% 50% 5 years to 10 years 0% 50% 0% 50% 0% 50% 10 years to 20 years 0% 50% 0% 50% 0% 50% 20 years to 30 years 0% 50% 0% 50% 0% 50% 30 years to 40 years 0% 50% 0% 50% 0% 50% 40 years to 50 years 0% 100% 0% 100% 0% 100% 50 years to 60 years 0% 100% 0% 100% 0% 100% 60 years to 70 years 0% 100% 0% 100% 0% 100% Principal sums invested > 364 & 365 days Maturity Structure of fixed interest rate borrowing Table L - Treasury Management Limits on Activity £nil £7m £nil £7m 100% 100% 50% 50% £nil £7m 50% 100%
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