The following is the obligatory debt of the City of Fort Wayne, that means you as a citizen.
When does our City leadership plan to start paying it off or do they just plan to accrue more?
Debt Service Fund
16,680,000
Special Obligations Bonds
60,030,000
Revenue Bonds
1,510,000
First Mortgage Bonds
29,445,000
Capital Leases
19,631,022
New Capital Leases
4,878,500
Other Loans
2,004,147
These obligations started as early as 1998 and will not be paid off in full until at least the year 2021 that is just over three terms of city council remember this debt that you are paying for when you decide not to vote for that other party in four years.
stats copied from William Larsen
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