Audit shows New Tec added $2.6 million in debt in 2010 – not including STP

New Tecumseth Free Press OnlineJune 20, 2011

New Tecumseth’s 2010 audit statement shows the Town’s long term liabilities grew to $20.5 million in 2010, but it does not include the approximate $32 million debentured to finance the regional wastewater treatment plant expansion which lifts debt obligations to over $50 million.