CIB OKs Pacers subsidy after promise of no additional taxes
The city’s Capital Improvement Board on Monday afternoon unanimously approved a $160 million, 10-year finance package to the Indiana Pacers for the operations of Bankers Life Fieldhouse.
Government
Articles
Lieutenant governor hires ex-lawmaker as liaison
Indiana's lieutenant governor, a Republican, has chosen a former Democratic state legislator as her liaison to local government officials.
Sweetener-maker Heartland to add up to 160 jobs
The Carmel-based company said it will invest $21.2 million to renovate and equip its 130,000-square-foot manufacturing facility on Indianapolis' north side.
CIB chief: $160M Pacers deal won’t require tax hike
CIB President Ann Lathrop said Friday that debt refinancings at low interest rates have freed up money to fund capital projects at the 14-year-old Bankers Life Fieldhouse.
Cabinet maker plans to hire 262 workers
Jasper-based MasterBrand Cabinets Inc. expects to boost the work force and capacity at its Ferdinand operations, which already employ 1,500.
Stephen Simon surfaces as Pacers’ heir apparent
Stephen Simon has been increasingly involved with the team since his father, Herb, acquired full ownership of the franchise before the death of Herb’s brother Melvin in 2009.
Pence set for weeklong trade mission to Germany
The governor's office says Pence will leave Saturday, leading an eight-person group that includes first lady Karen Pence and state Commerce Secretary Victor Smith.
ANALYSIS: Turner stood to lose big in Statehouse fight
A top Indiana lawmaker, his family and investors in their company risked losing millions in future profits if a proposed ban on construction of new nursing homes in Indiana had become law this year, an Associated Press review has found.
UPDATE: City reaches $160M deal with Pacers
The city's Capital Improvement Board will spend $160 million over 10 years on subsidy payments and stadium improvements for the Indiana Pacers in exchange for a lease extension through the 2023-2024 season.
Kokomo, like Indy, trying to sway suburbanites to move in
The mayors of Indy and Kokomo in late February gave remarkably similar state-of-the-city addresses, both focusing on the need to make their communities more desirable as places to live, not just do business.
Law firms fight ‘onerous’ tax shift for service businesses
The proposed switch in accounting methods could create cash-flow nightmares for medical-service providers, accounting, engineering, consulting and other professional-services companies with revenue over $10 million.
Pence appealing FEMA denial of winter storm assistance
The governor is appealing the Federal Emergency Management Agency's denial of Indiana's request for a major disaster declaration due to the winter storm that dumped a foot or more of snow on parts of the state and plunged it into subzero temperatures.
Indiana universities, manufacturers helping launch Digital Lab
Indiana manufacturers, universities and various state groups are abuzz about their involvement with the freshly minted, Chicago-based Digital Lab for Manufacturing—even if they’re not yet sure what their exact role will be.
Electronics manufacturing short circuited in Indiana
The sector is migrating to states that beckon with better prospects.
State slams glass factory with record safety fine
The death of one worker and an injury to another prompted investigations at Pilkington North America’s plant in Shelbyville.
Councilor: ACLU settlement won’t deter panhandling proposal
Councilor Jeff Miller said the city’s settlement with the American Civil Liberties Union over panhandling enforcement shouldn’t deter a City-County Council effort to pass a more restrictive ordinance.
State green-lights deeper look into fuel costs at Duke plant
A state agency for utility consumers had requested additional scrutiny for periods late last year when Duke Energy Indiana’s Edwardsport plant consumed more energy than it produced.
WellPoint spending millions in California ballot battle
WellPoint Inc. is leading companies that have poured $13.4 million into defeating a ballot initiative that would give California regulators the power to reject increases in health policy premiums.
Indiana found most transparent in study of state data access
California, the U.S. state with the largest population and budget, offers the least website access to its government spending data, according to a new study. Indiana provided the most information.
Pence renews talks over $2.1B fertilizer plant
Indiana economic development officials have renewed talks with Pakistan-connected developers who want to build a major fertilizer plant in southwestern Indiana, one year after the state withdrew its support for the project over national security concerns.