Ballard’s staff receives big raises
After hiring a new deputy mayor for education at $120,000 this spring, Indianapolis Mayor Greg Ballard handed out big raises to the rest of his staff.
Kathleen McLaughlin
Articles
Public safety due for budget cuts, mayor says
Public safety and criminal justice are the only places left in the city-county budgets to look for ways to close a $27 million spending gap for 2013. Sheriff, police, fire and court budgets account for 85 percent of the $569 million general fund.
State pensions’ strategy shift causes manager fees to rise
The $25.3 billion Indiana Public Retirement System is in the midst of hiring managers to carry out a strategy where more money will be in hedge funds, private equity and real estate than stocks.
Six banks that owe Treasury walk TARP tightrope
Six of the 17 Indiana banks that relied on the federal government to shore up their balance sheets in the recession have yet to repay, and the U.S. Treasury isn’t going to wait forever.
Lottery could expand to grow state’s take
The $791 million Hoosier Lottery threw open bidding July 11 for a 10-year contract on marketing, sales and distribution services. The lottery wants to be among the fastest-growing in the country, and it’s looking to the gambling industry to help it reach that goal.
Council mulls axing applications’ prior-conviction box
City-County Councilor Vop Osili thinks the city could level the job-seeking playing field for ex-offenders by eliminating the question of past convictions on job applications.
Commission to recommend more limits on local TIFs
A study commission on tax-increment financing will vote Thursday evening on a set of policy recommendations that would limit the use of TIF districts in Indianapolis.
State, former Colts invest in Fishers software provider
The state of Indiana and former Colts are among the lead investors in Fishers-based software provider CloudOne, the company announced this week.
Kroger convinces council member of need for gas station
Kroger Co. will add a gas station to its store at West 86th Street and Township Line Road after successfully lobbying an Indianapolis City-County Council member who'd threatened to stand in its way.
Janitors’ union recruits council support on contract talks
The first janitors’ union contract in the city will expire soon, and union organizers are looking to the Indianapolis City-County Council to give them a boost in the negotiations.
School of Philanthropy nears reality at IUPUI
A long-discussed School of Philanthropy at IUPUI is one step away from becoming a reality. The Indiana University Board of Trustees was expected to vote Friday on whether to create the school, which would be the first of its kind.
Kroger, using gas to lift market share, hits speed bump
Gas stations occupy an increasing number of Kroger parking lots, but Cincinnati-based Kroger Co. is facing opposition to a proposed gas station at its West 86th Street and Township Line Road grocery.
Indianapolis Opera stays afloat as peer companies call it quits
Next season will start later and feature a money-saving collaboration with Indiana University.
TIF study highlights district shortfalls
The tax-increment finance district created around the former United Airlines maintenance hub at Indianapolis International Airport doesn’t generate enough revenue to meet its annual debt payment. Neither do several other area TIF districts.
Basile assures progress on arts center
The Center for the Performing Arts Interim CEO Frank Basile said it's making financial progress but will continue to need support from the city of Carmel. Mayor James Brainard is asking the city council to put $1.62 million in the Support for the Arts Fund, which last fall was allotted $265,000. The funding increase would […]
Brainard requests more money for Carmel arts center
Carmel Mayor James Brainard wants to give the Center for the Performing Arts another $840,000 to cover its bills through December—on top of a $5.5 million subsidy he orchestrated last fall.
Ballard vetoes council’s redistricting proposal
The debate over Indianapolis City-County Council districts may need to be resolved in court, council President Maggie Lewis predicted, after Mayor Greg Ballard vetoed an ordinance that would have funded redistricting.
Mayor mulls City-County Building management deal
Mayor Greg Ballard is giving the private sector its first shot at managing the City-County Building since the downtown structure opened 50 years ago. The city and county lease it from the Indianapolis-Marion County Building Authority, but Ballard’s office has posted a request for information from real estate firms interested in a 30-year operating agreement.
Rolls-Royce buys out control-system joint venture
Rolls-Royce plc announced Friday that it will acquire the remaining half of Aero Engine Controls, which designs control systems for aircraft.
Angie’s List CEO Oesterle grows east-side footprint
Bill Oesterle’s firm Henry Amalgamated has purchased 48 properties in the Holy Cross neighborhood from 2006 through this May. Nearly 40 percent of those purchases have been made since Angie’s List struck a $7.1 million incentives deal with the city of Indianapolis in October.