Government & Economic Development

Construction jobs trickling in from road stimulusRestricted Content

July 13, 2009
Chris O'Malley
Federal stimulus money for Indiana highway projects so far has put to work 1,222 people with a payroll of $1.27 million, according to state records of 42 projects under way in which contractors have reported job data. The work, ranging from paving to replacing bridge decks, had a total contract value of $39.2 million.

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EDITORIAL: School funding has fatal flawsRestricted Content

July 13, 2009
 IBJ Staff
A state budget was passed June 30, but it’s balanced on the backs of poor children. Legislators deserve praise for at least slightly increasing overall education funding, but because of a flawed funding formula, urban districts such as Indianapolis Public Schools actually will lose money in the next two years.
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Legislature snubs casinos, but forms study committeeRestricted Content

July 6, 2009
Peter Schnitzler
Indiana's struggling gambling industry didn't get the relief it sought during the special session of the Indiana General Assembly. But embedded within the budget bill approved June 30 is a provision creating a gambling summer study committee. Its recommendations, due by Dec. 1, may make or break several of Indiana's casinos.
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FEIGENBAUM: Education money helped land key Democratic votesRestricted Content

July 6, 2009
Ed Feigenbaum
As both House Speaker Pat Bauer, D-South Bend, and House Republican Leader Brian Bosma, R-Indianapolis, see it, this is definitely a "Republican-flavored" budget. Republican Gov. Mitch Daniels laid the framework, and legislators from both sides of the aisle largely abided by his bottom lines of spending, state agency cuts and surplus.
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Carson vs. Chrysler, round oneRestricted Content

July 6, 2009
 IBJ Staff
U.S. Rep. Andre Carson, D-Indianapolis, is taking on General Motors Corp. and Chrysler Corp. in the name of crash victims.
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Peterson has passion for health care and new Lilly positionRestricted Content

June 29, 2009
J.K. Wall
A new communications post at Eli Lilly gives former mayor Bart Peterson an opportunity to meld his experiences in the public and private sectors.
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$65M development deal would cost Capital Improvement BoardRestricted Content

June 22, 2009
Cory Schouten
The Capital Improvement Board could be forced to give up one of its most profitable assets so the city can pull off a $65-million public-private downtown development deal. The city has agreed to help a developer revitalize the vacant former Bank One operations center in part by acquiring an adjacent parking garage for $18.5 million.
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EnerDel poised to get jolt of stimulus juiceRestricted Content

June 22, 2009
Greg Andrews
Within weeks, EnerDel expects to receive notification that it's getting as much as $480 million in financing under a U.S. Department of Energy program aimed at fostering advanced vehicle manufacturing.
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EDITORIAL: Project near MSA may be worth the riskRestricted Content

June 22, 2009
The city has unveiled a dramatic plan for new housing and retail development to revitalize the old Market Square Arena site. Despite some shortcomings, the project deserves a chance to give the stagnant area a boost.
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HICKS: Recessions end, with or without government helpRestricted Content

June 22, 2009
Mike Hicks
The worst is likely behind us, but difficult times lie ahead, especially for the unemployed.
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$65M downtown development deal raises questionsRestricted Content

June 15, 2009
Cory Schouten
A $65 million public-private plan for the redevelopment of a vacant downtown office building is raising eyebrows for its unusual approach and potential risk to taxpayers. The plan calls for a private developer to acquire the former Bank One operations center, surface parking lots and an adjacent parking garage from a private owner for $18.5 million, then sell the 1,680-space garage to the city for $18.5 million.
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State audit findings sting WestfieldRestricted Content

June 8, 2009
Cory Schouten
Westfield's mayor says the city's rapid growth and small staff are to blame for accounting problems raised in a State Board of Accounts audit.
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Unprecedented economic forecast revision will frame special sessionRestricted Content

June 1, 2009
Peter Schnitzler
With the help of outside economists, Indiana government undergoes an economic forecast every other yearâ??a process that's taken on increased importance this spring, as Gov. Mitch Daniels and the Legislature attempt to craft a two-year budget amid the deepest recession since the early 1980s.
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MARCUS: Let's reassess reassessmentRestricted Content

June 1, 2009
Morton Marcus
The process of assessment could be simplified and performed uniformly and inexpensively.
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Transit, sustainable development likely to be themes in rescue of near-north neighborhoodRestricted Content

June 1, 2009
Chris O'Malley
Local leaders and, soon, a national team of experts, are quietly developing a strategy to revitalize Marion County's biggest concentration of brownfield sites and impoverished urban neighborhoods, centered at East 22nd Street and the Monon Trail.
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Holiday a reminder of the value of public serviceRestricted Content

May 25, 2009
Mike Hicks
Many lament the loss of what might be called timeless values. I place these into two categories; both are exemplified and sustained by military service.
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Panel handicaps market recovery chancesRestricted Content

May 25, 2009
Cory Schouten
A panel of five veterans of real estate and construction provided industry insights at IBJ's Power Breakfast May 1 at the Westin Indianapolis.
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Consider progressive taxesRestricted Content

May 25, 2009
Morton Marcus
Put some progressivity into Indiana tax rates when passing the Indiana state budget.
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CIB drama goes from bad to worseRestricted Content

May 25, 2009
I am truly disgusted after reading the latest in the perennial saga of the CIB.
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CIB executive director out-earns governor, mayor combinedRestricted Content

May 18, 2009
Cory Schouten
Barney Levengood, executive director of the financially-struggling Capital Improvement Board, is one of the state's highest-paid public employees, and some wonder if his pay should be cut.
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Fiscal crisis calls for drastic measureRestricted Content

May 18, 2009
Mickey Maurer
Ind. Gov. Mitch Daniels will call the Legislature into special session to pass an acceptable budget, but some legislators think a budget that would satisfy the governor cannot be crafted by the contentious partisans in this developing fiasco.
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Prepare for Indiana's low-carbon economyRestricted Content

May 18, 2009
Jesse Kharbanda
No doubt the transition to a low-carbon economy will bring great challenges for Hoosier businesses, given how carbon-intensive our society is. However, if we take proactive steps, Indiana can emerge as a standout success story.
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Visible progress in the city hides other troublesRestricted Content

May 18, 2009
Indianapolis still looks like a city with momentum, despite the dismal economy. But appearances can be deceiving.
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Stop funding CIBRestricted Content

May 18, 2009
Well-intentioned or not, competent or not, the so-called "leaders" [sports columnist Bill Benner] referenced in your [May 4] column failed miserably in representing the best interests of taxpayers and instead presided over an unconscionable transfer of wealth from "We the people" to a small number of professional sports owners and players.
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Legislators, governor disagree about special sessionRestricted Content

May 11, 2009
Ed Feigenbaum
Assigning responsibility for what stuck us with a special session is a political post-session must, but playing the blame game usually isn't a productive exercise.
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