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Dear Editor:
As national attention focuses on the $37 trillion national debt, no one seems to care about the exploding debt among Hamilton County suburbs.
Since 2020, these cities have reported total outstanding debt increases:
- Carmel – 27.5 percent: $1.3 billion to $1.6 billion
- Westfield – 86 percent: $180 million to $335 million
- Fishers – 121 percent: $550 million to $1.2 billion
- Noblesville – 253 percent: $286 million to $752 million
The township, school and library debt similarly exploded over just five years.
The federal government can print money; local governments cannot.
And yet, no public outcry.
And, of course, no mention of it in public meetings held by the debtor authorities.
Bill Shaffer
Carmel