Government & Economic Development

Indiana counties wrestling with tax overpayment

August 5, 2011
Associated Press
City and county officials across Indiana are starting to wrestle with how they'll deal with the state's plan to recoup roughly $610 million it overpaid local governments for income taxes it expected to collect.
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City cracking down on noncompliant tax breaks

August 5, 2011
Cory Schouten
The city of Indianapolis is seeking to overturn property tax breaks for more than 20 companies that continued to apply for abatement even though they were unable to meet job commitments.
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Goldsmith stepping down as New York deputy mayor

August 4, 2011
Bloomberg News
New York City Deputy Mayor Stephen Goldsmith, the former Indianapolis mayor who joined Mayor Michael Bloomberg’s administration last year, has resigned to pursue a job financing infrastructure development.
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Franklin Electric moving HQ, 220 jobs to Fort Wayne

August 4, 2011
 IBJ Staff and Associated Press
Franklin Electric Co. Inc. says it will move its corporate headquarters from Bluffton to a $25 million development in Fort Wayne by 2013. The company has 220 employees and expects to add 35 more by 2014.
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U.S. unemployment applications slip slightly

August 4, 2011
Associated Press
The number of people seeking unemployment benefits dipped last week but has been at or above 400,000 for 17 straight weeks.
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Skillman to lead trade mission to Japan

August 4, 2011
Associated Press
The lieutenant governor's delegation will will leave in September and focus on job creation.
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Candidate Pence eyes Indiana income-tax cuts

August 3, 2011
Associated Press
Republican Mike Pence is looking at ways to cut Indiana income tax rates across the board if elected governor next year.
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Indiana tax revenue better than expected for July

August 3, 2011
Associated Press
The new budget year is off to a good start for Indiana's state government with about $23 million more in tax revenue coming in than expected.
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Railroad plans Gary redevelopment, 251 jobs

August 3, 2011
 IBJ Staff
Canadian National Railway Co. on Wednesday announced plans to relocate part of its operations from Markham, Ill., to northwest Indiana.
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Indicted elections chief hires ex-prosecutor Brizzi

August 3, 2011
 IBJ Staff and Associated Press
Indiana Secretary of State Charlie White has hired former Marion County Prosecutor Carl Brizzi as his lead defense attorney in his fight against voter fraud charges.
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Navistar adding, eliminating factory jobs in Indiana

August 2, 2011
 IBJ Staff
Navistar International Corp. announced plans Tuesday to create up to 400 factory jobs in northern Indiana while eliminating 250 manufacturing positions in the eastern part of the state.
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Most Indiana lawmakers vote against raising debt ceiling

August 2, 2011
Associated Press
A majority of Indiana's congressional delegation bucked the trend and voted against emergency legislation to raise the nation's debt ceiling, drawing praise from a tea party official.
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Democrat Gregg wants to improve manufacturing base

August 2, 2011
Associated Press
Former Indiana House Speaker John Gregg said Tuesday he would focus on rejuvenating the state's manufacturing base if he is elected governor next November.
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Obama signs debt bill after final Senate vote

August 2, 2011
Associated Press
The Senate emphatically passed emergency legislation Tuesday to avoid a first-ever government default, rushing the legislation to President Barack Obama for his signature just hours before the deadline.
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Packaging manufacturer plans to expand, add 80 jobs

August 2, 2011
Indianapolis-based DGP Intelsius LLC, a manufacturer and distributor of temperature-controlled packaging, announced on Tuesday morning that it plans to add 80 jobs by 2014 as part of an $870,000 expansion.
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Environmental groups sue to block I-69 construction

August 2, 2011
Associated Press
Citizens for Appropriate Rural Roads and the I-69 Accountability Project said the road expansion would violate federal environmental laws.
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Debt deal would have little impact on economy until 2014

August 1, 2011
Associated Press
The deal reached by Congress to raise the debt ceiling and cut more than $2 trillion in public spending should have only a minor impact on the economy for the next two years. Almost all the cuts would be made in 2014 or beyond.
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Indiana asks court to lift Planned Parenthood order

August 1, 2011
Associated Press
Indiana asked a federal appeals court Monday to lift a judge's order blocking parts of a new abortion law that cuts some public Planned Parenthood funding, saying the issue should be decided by Medicaid officials and not the courts.
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Debt deal gaining steam in Washington, D.C.

August 1, 2011
Associated Press
A crisis-conquering deficit-reduction agreement struck by the White House and congressional leaders after months of partisan rancor picked up momentum Monday.
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Daniels, at peace with presidential decision, running out clock

August 1, 2011
Bloomberg News
Indiana's Mitch Daniels has gone from considering a run for president to finishing out his second and last term as governor.
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Lugar: Norquist tax pledge, others hamper Congress

July 31, 2011
Associated Press
Sen. Richard Lugar is the only Republican in the state's Congressional delegation who hasn't signed Norquist's pledge, which requires the signer to "oppose and vote against any and all efforts to increase taxes."
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More life sciences firms opt to launch products in EuropeRestricted Content

July 30, 2011
Maria LaMagna
The U.S. Food and Drug Administration's growing reputation for unpredictability is spurring some Indianapolis companies to join counterparts elsewhere and introduce products in Europe. The upshot is that some Americans may never benefit from innovations occurring in their backyards.
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Indiana life sciences leaders look toward the futureRestricted Content

July 30, 2011
Chris O'Malley
Former Eli Lilly and Co. vice president Richard Dimarchi, BioCrossroads President David Johnson, angel investor Oscar Moralez and Purdue University Senior Vice President Alan Rebar discuss issues ranging from the depth of the life sciences industry in Indiana to venture capital and Purdue's Discovery Park.
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Senior housing project replacing retail center

July 29, 2011
Cory Schouten
A run-down former retail plaza along Lafayette Road south of 30th Street will be torn down to make way for a senior housing development.
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Police, health department busted by state environmental cops

July 29, 2011
 IBJ Staff
The Indiana Department of Environmental Management says an inspection of the State of Indiana Forensic and Health Sciences Lab found open jugs of hazardous materials during an inspection.
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  1. "bike lanes, specialized lighting, decorative signage, public art, grass medians, trees and rain gardens" These are all nice things to have, but can we freaking get the hundreds of potholes all over the city fixed first?!?!?!!?!?!

  2. When a criminal with multiple prior convictions serves five days of a one year sentence and later kills a police officer with a weapon illegally in his posession, residents of Boone County need to pay a tax to drive to work... PERFECT Progressive logic.. If, on the other hand, a fund were to be set up to build more prisons and hire more guards to keep the known criminals off the streets, I'd be the first to contribute.

  3. Not a word about how much the taxpayers will be ripped off on this deal. Crime spirals out of control and the the social problems that cause it go unheeded by an administration that does not give a rats behind about the welfare of our citizens. There is no money for police or plowing snow (remember last winter) or or or or, but spend on a sports complex, and the cash flows out of the taxpayers pockets. This city is SICK

  4. Sounds like a competitor just wanted to cause a problem. I would think as long as they are not "selling" the alcohol to the residents it is no different than if I serve wine to dinner guests. With all the violent crime happening I would think they should turn their attention to real criminals. Let these older residents enjoy what pleasures they can. Then again those boozed up residents may pose a danger to society.

  5. Where did the money go from the 2007 Income tax increase for public safety that the Mayor used to stir opposition and win the election and then failed to repeal (although he promised he would when he was running for election)? Where did the money go from the water utility sale? Where did the money go from the parking meter deal? Why does the money have all these funds for TIF deals and redevelopment of Mass avenue, and subsidy for luxury high rises, parking garages in Broad Ripple, and granola chain grocery stores but can not find the money to take care of public safety. Commuters shouldn't have to pay the tax of failed leadership in Marion County by leaders that commuters have no say in electing. Taxation without representation.

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