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Members of City-County Council form task force to study CIB financial problems

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A new task force formed this month is charged with recommending solutions to the financial problems of the Indianapolis Capital Improvement Board and its related convention and tourism issues.

CIB, which manages the city’s professional sports stadiums and the Indiana Convention Center, has struggled much of the past year to close a projected $47 million deficit for 2010. Last month, Mayor Greg Ballard released a public request for information seeking business proposals to potentially privatize some of CIB’s functions.

A new committee seeks CIB solutions. (IBJ file photo)

Led by City-County Councilor Michael McQuillen, a Republican, the new task force will collect data and then issue a report on CIB’s challenges. Once the report is finished, the task force will visit stakeholders throughout central Indiana to solicit their input and ideas. Finally, the committee will recommend CIB solutions and lobby on their behalf.

The committee includes three other City-County councilors: Republican Ryan Vaughn and Democrats Joanne Sanders and Jackie Nytes. Ballard’s chief of staff, Paul Okeson, is also a member.

“We must solve this problem for our city,” McQuillen said. “Downtown Indianapolis is the economic engine of our state. We must look at every possible solution to keep that engine running.”

 

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  1. I never thought I'd see the day when a Republican Mayor would lead the charge in attempting to raise every tax we have to pay. Now it's income taxes and property taxes that Ballard wants to increase. And to pay for a pre-K program? Many studies have shown that pre-K offer no long-term educational benefits whatsoever. And Ballard is pitching it as a way of fighting crime? Who is he kidding? It's about government provided day care. It's a shame that we elected a Republican who has turned out to be a huge big spending, big taxing, big borrowing liberal Democrat.

  2. Why do we blame the unions? They did not create the 11 different school districts that are the root of the problem.

  3. I was just watching an AOW race from cleveland in 1997...in addition to the 65K for the race, there were more people in boats watching that race from the lake than were IndyCar fans watching the 2014 IndyCar season finale in the Fontana grandstands. Just sayin...That's some resurgence modern IndyCar has going. Almost profitable, nobody in the grandstands and TV ratings dropping 61% at some tracks in the series. Business model..."CRAZY" as said by a NASCAR track general manager. Yup, this thing is purring like a cat! Sponsors...send them your cash, pronto!!! LOL, not a chance.

  4. I'm sure Indiana is paradise for the wealthy and affluent, but what about the rest of us? Over the last 40 years, conservatives and the business elite have run this country (and state)into the ground. The pendulum will swing back as more moderate voters get tired of Reaganomics and regressive social policies. Add to that the wave of minority voters coming up in the next 10 to 15 years and things will get better. unfortunately we have to suffer through 10 more years of gerrymandered districts and dispropionate representation.

  5. Funny thing....rich people telling poor people how bad the other rich people are wanting to cut benefits/school etc and that they should vote for those rich people that just did it. Just saying..............

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