Shaffer opines on Fishers & Carmel vying to be No. 1 in debt

Letters to the Editor do not reflect the opinions of The Reporter, its publisher or its staff. You can submit your own Letter to the Editor by email to News@ReadTheReporter.com. Please include your phone number and city of residence. The Reporter will publish one letter per person per week.

Dear Editor:

For years, Carmel has led all Hamilton County metropolitan areas in total outstanding debt.

But last week, the Indiana Department of Local Government Finance reported a change in leadership.

As Carmel’s reported debt fell some $300 million after a dozen bonds were retired, Fishers took over first place.

The race, if you can call debt increases a race, has Fishers’ $1.44 billion ousting Carmel’s $1.40 billion.

Stay tuned to learn if city central planners add more debt to the load we all carry.

Bill Shaffer
Carmel