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  • Hunter Cresswell

Chelsea over $52M in debt

Chelsea’s debt is complicated.

Chelsea’s total debt is a combination of three different debts, but Chelsea finance director Céline Gauthier said those debts shouldn't be bundled together.

Chelsea’s at-large debt is $32.5 million; its sector debt is $17.11 million, and its government debt is $2.8 million, according to Gauthier. Those different debts total around $52.5 million.

At-large debt is paid by all Chelsea taxpayers regardless of where their home or business is.