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PELHAM’S DEBT LEVEL – Long Term Debt and Bank Indebtedness keeps going UP!!!

Source: Town of Pelham’s 2013, 2014, 2015, 2016 Audited Financials

Long Term Debt is directly issued by the Town of Pelham.   In addition, the Town of Pelham has debt owing to the bank.

2012      $5,152,852

2013      $6,026,279

2014      $9,097,839

2015      $11,745,372

2016      $23,110,239

2017      $31,000,000 (est)