Managing Stoughton's Debt

A slideshow presentation by Finance Committee member and Precinct 2 Town Meeting Member Rick Hill is posted in the media gallery above. It details where Stoughton stands in terms of debt and how the town's debt will impact future borrowing. 

Hill made this presentation at both session 1 and session 2 of this year's Annual Town Meeting.

As of January 1, 2012, the town has $34,230,496 of debt, and $21,506,095 of potential additional debt liability. This potential additional debt liability figure includes about $14,000,000 for the , half of which will be reimbursed. Other portions of the potential additional debt liability can also be reimbursed.