State statues limit the amount of general obligation bonded debt a town can issue to three percent of net assessed property values. However, all bonds approved through State enabling legislation and voter referendums are exempt from the limit. As of June 30, 2016, the Town had a debt limit of $175,690,081.

Debt Related Information

Debt Book (2017)

Debt Capacity Analysis - January 2018

For information about the Town's bond ratings or how debt affects the Town's rating, please see the rating agency reports in the left-hand column, or you can click here.