Broad Ripple telecom firm plans big growth, 183 jobs
Founded in 2007 by Purdue University students, Weeks Communications has established a new headquarters in Broad Ripple and plans to invest $4.1 million as it aggressively hires new employees.
Government & Economic Development
Articles
Indy Parks, county assessor poised for budget cuts
Two ordinances that would reduce the Indianapolis budget by $1.6 million will be introduced to the City-County Council on Monday. The largest cuts will come from the Marion County Assessor’s office, the parks department and mayor’s office.
Truck insurer’s new jobs to boast gold-plated pay
The 133 full-time jobs the truck and auto insurer plans to add over the next five years will pay around $60 an hour, or nearly $125,000 a year.
Development may spawn TIF tug of war
The developer of a $17 million mixed-use project proposed for Broad Ripple is expected to seek a city subsidy—support that at least one City-County councilor believes should be reserved for neighborhoods starved for investment farther south.
Pence signs Indiana voucher expansion bill
Gov. Mike Pence visited Calvary Christian School on the south side of Indianapolis on Thursday to sign the plan that will make more children eligible for vouchers.
City code enforcement rethinks rental housing strategy
Indianapolis is reconsidering plans for cracking down on negligent landlords through a rental-housing registry after the Legislature enacted a one-year moratorium on new fees.
Indiana governor signs $30B state budget into law
Gov. Mike Pence praised Indiana’s new two-year, $30 billion budget for its tax-relief measures and other provisions as incentives that would lure new investment and jobs to the state.
Pence vetoes license bills for dietitians, others
Indiana Gov. Mike Pence has vetoed his first legislation since taking office in January, rejecting two bills with new licensing requirements.
FARRA: Don’t expect big dividends from banks anytime soon
Banks will not return to their status as reliable sources of shareholder dividends for three years or longer.
Pence readies 1st vetoes as Indiana governor
Pence has expressed concern with a measure shifting power from the Indianapolis City-County Council to Mayor Greg Ballard and with a plan for a $100 million loan to the Indianapolis Motor Speedway.
Hamilton County voters approve school referendums
A $95 million expansion of Fishers and Hamilton Southeastern high schools, and a $28 million project to expand Noblesville High School were approved by voters Tuesday.
Review finds no conflict in state’s deal with Mainstreet
Gov. Mike Pence asked the Indiana Economic Development Corp. in early April to review its decision to grant $345,000 in performance-based economic incentives to Mainstreet Property Group LLC, a company started by a top Republican lawmaker and his son.
Subaru planning major expansion in Indiana
Subaru plans to expand its Lafayette factory and add hundreds of workers to build the Impreza small car there, a source briefed on the matter says.
Governor taps ex-WellPoint CEO Braly for IEDC board
The appointment is the first high-profile post that Braly, 51, has accepted since she was ousted from the top spot at the Indianapolis-based health insurer in August.
Pence signs sentencing, IEDC-transparency bills
Indiana Gov. Mike Pence signed three bills into law Tuesday, one involving government transparency in economic development deals, one related to school safety and another overhauling criminal sentencing.
State’s April tax receipts beat latest forecast
The first monthly revenue report since lawmakers passed a new two-year state budget came in 4 percent higher than projections made just a few weeks ago.
Young aggravates colleagues, puts stamp on Marion County
State Senator from Speedway plays outsized role in shaping policy for Indianapolis.
Legislative roundup: Session yields mixed bag
The General Assembly’s work left some groups happy, some disappointed.
State OKs private financing for roadwork
The Indiana Department of Transportation will press ahead with a request for proposals on Interstate 69 from Bloomington to Martinsville, in hopes that a public-private partnership will stretch limited state funds.
Inquiry targets cellphone subsidies
State officials want to know how an Oklahoma City company managed to set up 30,000 Indiana accounts for a federally subsidized phone program in less than a year. The Indiana Utility Regulatory Commission has launched an investigation into whether TerraCom LLC is repeating federal violations it allegedly committed in Oklahoma.