Tauranga City Council is expecting debt to increase by nearly $64 million next year to hit a high of $393.8 million.
The proposed 2016-17 Annual Plan has the city's debt open at $330 million on July 1 and then grow by $63.8 million over the next 12 months.
Debt figures, which played a pivotal role in the shock clean out of the old council at the 2013 elections, feature in the draft Annual Plan due to be signed off by the council today.
The Annual Plan will then go out for public consultation.
The overall debt situation, when compared with the council's long-term plan, looked to be heading in the right direction.