Total debt obligation (approx), 2000-15. Note that the years 2001-05 (shown in purple) are not inclusive of debt initiated prior to 2000 and the actual obligation would have been somewhat higher.
In order to help address questions that come up now and then about the Town of Whiteland’s debt obligations (bonds, loans, leases, etc.) and to ensure that our residents are well informed, we have assembled a variety of information on the Town’s debts and bonds over the last 15 years on a new page. Below is a sampling of the information and data presented there.
| Whiteland | $5,378,017 | Greenwood | $87,472,734 |
| Bargersville | $37,632,255 | New Whiteland | $665,672 |
| Edinburgh | $19,699,324 | Princes Lakes | $6,910,979 |
| Franklin | $29,770,310 | Trafalgar | $2,109,135 |
As of July, 2015, the Town’s outstanding debt obligation was $5,000,629, down from a 2005 peak of over $7 million. This is comprised of five outstanding obligations, all of which are scheduled to be paid off by 2026. Most of those are utility bonds that have provided for water, sewer, and stormwater infrastructure improvements and upgrades over the years. Compared to other communities in the county and region, Whiteland has a relatively low amount of debt, particularly when comparing per capita debt.
To read more, including details on the bonds, comparisons, and more analysis, see the new Town Debt Obligations page.
