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Debt-service projection shows FY27 estimate at $3.6M, 3.09% of tax revenue
Summary
Attachment B projects FY27 estimated debt service at $3,600,652 (3.09% of projected tax revenue $116,406,759) and shows multi-year projections for FY27–FY32, including anticipated changes from prior years and recommended financing amounts.
Attachment B presented a summary of projected debt service levels and recommended capital financing. For Fiscal Year 2027 the table lists projected tax revenue of $116,406,759 and total estimated debt service of $3,600,652, representing 3.09% of tax revenue. The attachment shows projected new financing and debt-service totals across FY27–FY32 and the anticipated net changes year-to-year.
Committee members reviewed these figures as part of the capital-package deliberations and discussed the implications of bonding and BAN financing on future operating budgets. Finance staff and the Town Administrator will coordinate timing of debt issuance and monitor debt-service ratios as projects proceed.
