Debt — All 169 Connecticut Towns

What each town owes per resident, and how much of its budget goes to debt payments.

← All statewide rankings

Picking a town highlights it in every chart and table on this page, and the highlight follows you to the other ranking pages. Clear the box to remove it.

Read this before ranking towns: municipal debt is how towns pay for schools, roads and firehouses over the years those things are used, so debt is not in itself a problem — a town that just built a school carries more than an identical town that will build one next year. The two charts here use different sources and different years: debt service comes from the current adopted budget; debt outstanding comes from the audited indicators, which run about three years behind. Timing dominates both: the same town can look heavy today and light in five years without any change in how it manages its finances.
Lowest debt-service share
Statewide median
Highest debt-service share

Debt service as a share of the adopted budget

Principal and interest payments as a share of each town's total adopted budget, . Sorted lowest to highest. A zero can mean a town is debt-free or that it budgets debt outside the general fund.

first quarter of the ranking second quarter third quarter fourth quarter your picked town
Loading…

Source: CT OPM adopted municipal budgets (pcg4-s5rc), fields debt_service and total_expenditures, via ct_adopted_budgets.json.

Bonded long-term debt per resident (audited)

Each town's bonded long-term debt divided by its population, from the audited indicators for — the most recent audited year the state publishes. Sorted lowest to highest.

Loading…

Source: CT OPM Municipal Fiscal Indicators (ej6f-y2wf), fields bonded_long_term_debt and the state health department population, via ct_ucoa_town_indicators.json. Audited basis, different year from the chart above — the two must not be combined into one figure.

The full table

All towns with both measures, in their respective years.

Loading…
How this ranking is made

Debt-service share = adopted debt service ÷ total adopted expenditures, both from the town's current adopted budget. Debt per resident = audited bonded long-term debt ÷ population, both from the audited indicators file for its most recent year. Pension and retiree-health obligations are separate liabilities and are not in either figure.

  • School construction is the largest driver of town debt, and the state reimburses a share of eligible school projects — gross debt here does not net that out.
  • Debt held by regional school districts and by separate utility or fire districts does not appear under the member towns.
  • A town's own reserves matter for reading its debt; the reserves page is the companion to this one.

More rankings: reserves · spending per resident · tax rates