Government & Economic Development

Brizzi controversies loom over prosecutor's race

September 13, 2010
Mary Dieter
Democrat Terry Curry and Republican Mark Massa say restoring trust is job one for the next Marion County prosecutor.
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Downtown merchants want parking plan revoked

September 13, 2010
Francesca Jarosz
About 80 downtown business owners and employees have signed a petition urging Republican Mayor Greg Ballard's administration to nix major plans to revamp metered parking in Indianapolis.
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Indianapolis' 'walkability' touted to convention plannersRestricted Content

September 11, 2010
Scott Olson
Compact downtown is big selling point for sustainable-minded planners.
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State entrepreneurship drags despite wealth of resourcesRestricted Content

September 11, 2010
Norm Heikens
What does Indiana have to show for the deluge of resources made available to would-be entrepreneurs in recent years—venture capital, angel investors, incubators and the like? Judging by the number of people taking the plunge into business ownership, not as much as might be expected.
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New businesses follow the rooftopsRestricted Content

September 11, 2010
Norm Heikens
Indianapolis and surrounding counties have continued to show growth in the number of businesses during the recession.
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Beck's Superior Hybrids plans $24.5M expansion

September 10, 2010
 IBJ Staff
A Hamilton County seed company has plans to expand its facilities, creating as many as 72 jobs over the next five years, state economic development officials said Friday morning.
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Report: State must cut spending, hike taxes or both

September 9, 2010
Francesca Jarosz
Dwindling tax revenues will cause a projected $1.3 billion budget gap as the state enters its next budget, according a report released Thursday by the Indiana Fiscal Policy Institute.
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Control of House key issue as election season revs up

September 7, 2010
Mary Dieter
One hundred Indiana House seats are on the ballot—though many fewer are competitive—but their outcomes may affect the state well beyond the two-year terms that the candidates seek.
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Traffic-signal maker flashing red over Indianapolis contractRestricted Content

September 4, 2010
Chris O'Malley
Domestic vendor who thought "buy American" provision would help it win contract loses out to Taiwanese supplier.
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Indiana's August revenue jumps 8.4 percent from year ago

September 3, 2010
Associated Press
The state Budget Agency reported Friday that Indiana collected $938 million in August. That's $51 million above the most recent forecast, but still $2 million less than projected in the budget lawmakers passed in early 2009.
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New jobless claims tick down slightly

September 2, 2010
Bloomberg News
Initial jobless claims fell by 6,000, to 472,000, in the week ended Aug. 28, in line with the median forecast of economists surveyed by Bloomberg News, Labor Department figures show.
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New website pulls together state budget data

August 31, 2010
Associated Press
The state has a new transparency website that pulls together Indiana budget data, spending reports and other financial information that had previously been spread across multiple sites.
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CIB approves 2011 budget

August 30, 2010
Scott Olson
Including debt obligations, the CIB's total budget for 2011 is expected to be $104.4 million. The City-County Council is set to receive the budget at its Sept. 20 meeting and could approve it Oct. 25.
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City parking agreement to receive first scrutiny

August 30, 2010
Indianapolis' Department of Public Works Board and its City-County Council Rules and Public Policy Committee both will meet on Monday to consider the long-term deal. It would need approval from the City-County Council before taking effect.
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City vendor may get $1.2B from parking-privatization deal

August 28, 2010
Cory Schouten
The pitch from Mayor Greg Ballard’s administration to privatize the city's parking meters is compelling, but the proposal to sell the meters to Dallas-based Affiliated Computer Services Inc. has the city giving up more in the long run than is immediately apparent.
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iSalus sees business boom as docs chase stimulus cash

August 28, 2010
J.K. Wall
The company is seeing a rush of new sales for its Web-based electronic medical record system from doctors, who all stand to receive bonus payments from the federal stimulus act for computerizing their patient records.
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CIB's 2011 budget slated to grow by $10 million

August 27, 2010
Scott Olson
Capital Improvement Board president says initial $10 million payment to the Indiana Pacers is not only reason for the larger budget. Rather, she insisted it's largely due to $5 million in renovations slated for Conseco Fieldhouse and other CIB-operated facilities.
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Estimate puts Indiana health overhaul costs at $3.1B

August 25, 2010
Associated Press
Family and Social Services Administration Secretary Anne Murphy and acting Insurance Commissioner Stephen Robertson have sent Gov. Mitch Daniels a letter that now estimates the overhaul will cost Indiana $235 million more than the previous estimate in May.
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Local government supplier cracks Inc. 500's top 10

August 25, 2010
Scott Olson
A combination of military service and education has helped Kevin Paul turn Indianapolis-based KPaul Properties LLC into one of the fastest-growing companies in the nation.
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Daniels says Indiana will seek new stimulus money

August 25, 2010
Associated Press
Despite criticizing the latest stimulus package, Indiana Gov. Mitch Daniels said he will ask the federal government to send the state more than $435 million for schools and Medicaid.
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Arts funding maintained in proposed city budget

August 23, 2010
Scott Olson
Funding for city arts programs is expected to remain at $1 million in 2011, even as the mayor's budget plan calls for cutting $22 million in local spending. Funding for the parks department also should remain flat, at $21.1 million.
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Indiana, Indy stage small employment gains

August 20, 2010
Norm Heikens
Indiana's unemployment rate increased by a sliver, to 10.2 percent, in July despite increases in jobs in many industries.
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City chooses firm to oversee parking-meter operations

August 20, 2010
Scott Olson
The city has entered into a 50-year lease agreement with Dallas-based Affiliated Computer Services Inc. The city will receive $35 million upfront and a share of revenue to make sidewalk and street repairs. Parking meter rates are expected to double in some areas.
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City lands $13.8M more than expected from water deal

August 19, 2010
Chris O'Malley
The city's AAA bond rating boosts proceeds to $153.8 million. It originally expected $140 million for street, bridge and sidewalk projects.
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Bank On Indy initiative nearing first-year goal

August 19, 2010
Program that aims to reach local population without bank accounts so far has helped more than 7,500 people open an account.
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