Total governmental debt per St. Paul resident

Increased borrowing for St. Paul Public Schools construction projects is driving up the total net general obligation debt for local governments. In 2019, that number exceeded the $2,500 per person target set by the Joint Property Tax Advisory Committee.

Data is actual for 2017-19 and projected for 2020-24. Projections were made before St. Paul Public Schools announced plans to cut back on its annual borrowing.
Chart: Josh Verges / Pioneer Press Source: 2019 JDAC Report by the Joint Property Tax Advisory Committee Get the data