Although I spend most of my time writing about Indianapolis-related issues, Munice has gotten my attention as of late, because it seems to be a test case for what could happen here in Indy next year. Due to property tax caps, Muncie faces a $3.8 million budget shortfall, and the city’s Mayor Sharon McShurley is […]
“This is like a local union having financial issues and the national comes in and takes it over.” – City-County Councilor Duke Oliver in a radio interview complaining about the state plan to merge the Capital Improvement Board and the Marion County Building authority.
See it to believe it
Indiana House Democrats today said they will present their own budget on June 11 when the special session begins because they don’t trust the Republicans’ numbers. In a media availability today, House Speaker Pat Bauer and Ways and Means Chairman Bill Crawford said they wanted to re-craft the budget so schools would be held as harmless […]
As state and local lawmakers begin thumbing through the details of new Capital Improvement Board plan being pushed by Governor Mitch Daniels and Indianapolis Mayor Greg Ballard, I think this little friendly reminder is in order. Don’t forget to add $7-9 million into the equation! The $7-9 million is the amount of revenue generated by […]
Governor Mitch Daniels and Indianapolis Mayor Greg Ballard are calling for a new Capital Improvement Board that would oversee Conseco Fieldhouse, Lucas Oil, the new Convention Center and the major City-County properties. The New CIB would combine the Marion County Building Authority and create the Facilities Management Board would be created. It would create a purchasing […]
Governor Mitch Daniels and Indianapolis Mayor Greg Ballard are expected to unveil their plan to solve the Capital Improvement Board’s $47 million shortfall this afternoon at 3:30 p.m. at the Statehouse. There are no new broad-based taxes and the plan relies heavily on cuts and “creative” revenue streams, but I am hearing the plan may […]
The Indiana State Teachers Association, under the control of the National Education Association, put out a memo today saying they are going to cease all long-term disability payments after July. You can read the entire memo at the link below. ISTA Memo ISTA Trustee Ed Sullivan also said in the memo that ISTA will no […]
The 2nd Circuit Court appeals in New York has issued a stay in the Chrysler bankruptcy proceedings. The Court has agreed to hear arguments on behalf of Indiana Sate Police, Teacher’s Retirement Fund and the Major Moves Construction Fund. The hearing is set for Friday at noon. State Treasurer Richard Mourdock says […]
Although Governor Mitch Daniels and Indianapolis Mayor Greg Ballard won’t roll out a Capital Improvement Board funding shortfall solution until Thursday, reliable sources say the plan will not include any broad-based taxes; much to the dismay of the Mayor’s critics and political enemies. Previous discussions had included using a food and beverage tax or increasing […]
