Future Bond Debt
$448 Million
Estimated bonded debt by 2029

The construction of two new high schools will significantly increase Warwick’s bonded debt and require substantial annual debt payments for decades.
What the bond-debt research shows
- Warwick’s city and school bonded debt is projected to increase sharply as borrowing for the two new high schools is completed.
- The additional debt will place long-term pressure on future city budgets because principal and interest payments must be funded before money can be directed to other priorities.
- This obligation will affect taxpayers and city services long after the current construction projects are completed.
Analysis based on City of Warwick debt schedules, school construction borrowing estimates, and municipal financial records.


