MYTH: The City of Fishers is financially stable.
FACT: Fishers’ debt has increased over 91% in the past 8 years. The amount of debt has increased much faster than the city’s population growth during this time. Today, each Fishers resident would have to pay $1,000 more to pay off the city’s debts compared to 8 years ago. Fishers has a AAA credit rating from Standard & Poors. Like a consumer credit report, this good rating reflects a low risk of default. It does not validate the wisdom of increasing the amount of city debt.
Source: Indiana Gateway. The principal balance for debts of all types owed as of Dec. 31st of each report year. Totals do not include debts owed by unit (city)-owned enterprises.
City of Fishers Municipal Budgets
Indiana Gateway. Collects and provides access to information about how taxes and other public dollars are budgeted and spent by Indiana’s local units of government.
US Census Bureau