Here you will find the ongoing debt calculations of ECP. The final tally includes the infusion (page 21) of $1.4 million of monies that was "borrowed" in 2007 from other city funds as a "security deposit" to SME. On page 37, the security deposit was supposedly released, but ECP has yet to pay back the city for the initial loan.
Posted debt as of May 2010 SME billing: ($2,018,250)
Actual debt, which includes the initial $1.4 million loan from various city funds that is still outstanding: ($3,418,250)