Town of Brewster, Massachusetts
Cape Cod Tech Excluded Debt
Section III - Education: 3025 Cape Cod Tech Excluded Debt
- The budget represents a $139,751 (34.11%) increase over the FY22 budget.
- In 2019, the CC Tech issued a bond an amount of $68,985,000 at a 3.32% interest rate for a 20 year fixed principal.
- The increase in Brewster's portion of the debt is due to an increase in Brewster students from 41 to 59, an increase of 18 Brewster students.
- Further information about the CC Tech debt service for the new high school can be found in the supplemental budget information link.