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Old Posted Sep 29, 2013, 7:38 AM
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ScreamingViking ScreamingViking is offline
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Join Date: Jun 2013
Location: Hamilton
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Quote:
Originally Posted by thistleclub View Post
The city, though, is facing a rising debt load beginning in 2014, when it jumps to $809 million from $294 million. It balloons to just over $1 billion in 2015 and 2016. In 2017 the debt is projected to drop slightly to $985 million.
What is responsible for that $515 million increase in debt next year? (and the $200M the following year) Expenditures for the sewage treatment plant upgrades?

(maybe it's mentioned in the livestream of the council meeting but I'm not about to skim through all that just now)
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