Fort Wayne has more than $300 million of ‘good debt.’ What does that mean?

FORT WAYNE, Ind. (WANE) – In Fort Wayne’s budget for 2025, the page titled ‘Civil City Budgeted Debt’ shows that the city owes $332,132,157 in principle, but it’s not a number that concerns officials. That number is the total of the leases, bonds and loans…

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