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Dear Editor:
As Carmel’s city council begins 2025 budget deliberations, it well might include some reality this year.
Previous budgets omitted debt repayment.
The city has told the State of Indiana that will be $99 million in 2025.
Last year’s deliberations produced a $137 million budget, but the city spent $500 million.
That included the Carmel Redevelopment Commission’s spending which the city’s budget excludes.
Time to tell taxpayers what’s really going on.
We’re old enough to handle the truth.
Bill Shaffer
Carmel
I wonder why Carmel is trying to borrow $635 million for 27 years?