Borrowing from other local authorities
Dear Croydon Council,
I am emailing to request the following information under the Freedom of Information Act 2000.
My request relates to money borrowed by the council from other local authorities, as detailed by the government’s borrowing and investment live table which can be found here: https://www.gov.uk/government/statistica...
According to the table, the council’s outstanding borrowing relating to loans (both short and long-term) from other local authorities was £266,000,000 as of Q1 2019/20.
In regards to the above figure, I would like to know:
1. For each individual loan taken by the council:
1.1 The local authority/lender name
1.2 The amount advanced (the initial amount received)
1.3 The outstanding balance
1.4 The interest rate
1.5 The settlement date (the date the loan was agreed)
1.6 The agreed maturity date (the date on which the loan is set to end)
1.7 Brief summary of the purpose of the loan
1.8 Any platform used during the borrowing process (for example iDealTrade.net)
Additionally I would like to know:
2. Who is the council’s treasury advisor(s)?
2.1 When did the treasury advisor(s) named above begin this role?
I would like the responses to question 1 in Excel format with the questions and sub questions as column headings. The response to question 2 can be within the reply to this FOI.
If you need clarification please contact me at this email address. Under your section 16 duty to provide advice and assistance I would expect you to contact me if you find this request unmanageable in any way before the 20th working day.
I would be grateful if you could confirm in writing that you have received this request, and I look forward to hearing from you in the near future.
Thank you for your time,
Gareth Davies
Good morning,
I’m emailing about my FOI concerning council borrowing, submitted on 1/10/2019 (your reference 714875).
By law the council should have responded promptly and by 29/10/2019.
Can you provide me with an update as a matter of urgency,
Regards,
Gareth
Good morning,
I am again emailing about my FOI concerning council borrowing, submitted on 1/10/2019 (your reference 714875).
By law the council should have responded promptly and by 29/10/2019.
Can you provide me with an update as a matter of urgency,
Regards,
Gareth
Good morning,
I am emailing for the third time about my FOI concerning council borrowing, submitted on 1/10/2019 (your reference 714875).
By law the council should have responded promptly and by 29/10/2019.
Can you provide me with an update as a matter of urgency,
Regards,
Gareth
Dear Mr Davies,
Thank you for your email.
We apologise for the delay in responding to your request.
We are currently working on the request and endeavour to get a response out to you as soon as possible.
Kind regards,
Information Team
Bernard Weatherill House
7th Floor Zone C
8 Mint walk
Croydon CR0 1EA
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