Articles

Arts funding maintained in city budget proposal

The Indianapolis arts community is breathing a collective sigh of relief after learning that the city is not expected to reduce
its funding in 2010. The City-County Council will hear public comments tonight on Mayor Greg Ballard’s 2010 budget before
voting on it Sept. 21.

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Local high-end home sales in deep slump

Sales of higher-priced homes nationally have slowed to a glacial pace. In the Indianapolis area, the supply of homes for sale
above $1 million has risen from three year’s worth in 2007 to more than eight year’s worth, according to the Metropolitan
Indianapolis Board of Realtors.

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Star union voting on new contract

The Indianapolis Newspaper Guild plans to vote this afternoon on a new, two-year contract with the Gannett Co.-owned Indianapolis
Star that includes a 10-percent pay cut and two-year wage freeze.

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CIB OKs budget, but awaits council vote

Members of the Indianapolis Capital Improvement Board this afternoon passed a $63 million budget for 2010 that hinges on the
City-County Council’s approval of a hike in the local hotel tax.

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State gambling revenue expected to stay flat

Indiana’s share of tax money generated by the state’s 13 casinos is expected to remain relatively flat for at
least the next few years, a state fiscal analyst told Gaming Study Committee members this morning.

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Sallie Mae rallies over jobs in Fishers

Sallie Mae CEO Al Lord visited the company’s Fishers office this morning in his latest effort to get the word out that his
business and his employees’ jobs are threatened by a government proposal.

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Rushville broadband firm plans 100 jobs

Rushville-based Omnicity Corp. said this morning that it plans to create 100 jobs there within the next three years by investing
$2.5 million in wireless infrastructure and a new corporate headquarters.

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Rushville broadband firm plans 100 jobs

Rushville-based Omnicity Corp. said this morning that it plans to create 100 jobs there within the next three years by investing
$2.5 million in wireless infrastructure and a new corporate headquarters.

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Phoenix Group expands, may add 200 jobs

The Phoenix Group, a Greenwood-based supply-chain services company, said yesterday that it has added 15 employees within the
past month and plans to hire about 200 more workers by the end of 2010.

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