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I know the city is looking down the road a bit with buyouts, but still a bit leery of the effect of declining tax revenue thanks to Covid restrictions and letting rioters run loose during the summer. A projected (ie hoped for) surplus of $114K against a $1.27B budget isn’t even big enough to be described as a rounding error.
Two nights with some riots is hardly an entire summer. And even if bars and restaurants were at 100% capacity, most offices aren’t resuming until January, and even that is only tentative.
If COVID went away tomorrow, that would solve the city’s problems. But it isn’t.
We can all “budget” surpluses. Budgeting them is a headline for one day. The taxpayers will be paying for many years the 2020 destruction of Indianapolis. Remember the Roman emperor Nero who fiddled as Rome burnt? His spirit lives on in the mayor’s office in Indianapolis!
Anyone have a link to the actual budget documents that the City-Council approved?
All you have to do is go to indy.gov, search Budget, and the first result is what you are looking for. You have all the various 2021 Budget books. Now that wasn’t so hard was it. One url and one search word.