Hospitality taxes

Hearing draws lively debate on Fishers food-drink tax

November 13, 2013
Larry Lannan / Special to IBJ
The Fishers Chamber of Commerce and some individual business owners are on opposite sides of a debate over imposing a 1-percent food-and-beverage tax to help fund economic development efforts in the town.
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Senators look to sunset city's ticket, excise tax hikesRestricted Content

February 9, 2013
Legislator says the recent tax increases aren't being used for the purpose intended when such increases were authorized in 2009.
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NCAA, city haggle over Final Four rental dealRestricted Content

September 19, 2009
Anthony Schoettle
A little more than six months before the 2010 NCAA men’s Final Four is set to tip off at Lucas Oil Stadium, the NCAA has not yet finalized a rental deal for the facility. While officials for the NCAA and Local Organizing Committee, the group charged with operating the event in Indianapolis, downplay any problems, sports business experts say it is unusual not to have an agreement pinned down in the months leading up to the event.
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More layoffs, furloughs possible for cash-strapped CIB

September 14, 2009
Scott Olson
The financial condition of the city’s Capital Improvement Board, though improving, is still dire enough that employees of the Indiana Convention Center could be subjected to more unpaid furloughs or layoffs.
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ICVA unlikely to seek loan to pay for enhanced marketing

September 12, 2009
 IBJ Staff
The idea of the not-for-profit Indianapolis Convention & Visitors Association taking out a loan was not warmly received by city officials. And financial institutions were less than thrilled with the idea given the ICVA’s diminishing revenue and increasing costs.
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ICVA might take out loan to market city for conventionsRestricted Content

August 24, 2009
Anthony Schoettle
The Indianapolis Convention & Visitors Association is so desperate for more marketing funding, the organization charged with promoting the city as a convention and tourism destination is considering taking out a loan. While that would be the last resort, ICVA CEO Don Welsh said it is one he will have to consider if the money can’t be raised through local taxes.
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CIB OKs budget, but awaits council vote

August 10, 2009
Scott Olson
Members of the Indianapolis Capital Improvement Board this afternoon passed a $63 million budget for 2010 that hinges on the City-County Council’s approval of a hike in the local hotel tax.
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Tourism should not be our focusRestricted Content

May 18, 2009
If a city really wants to attract people to its city (to live and visit), it has to become a better city, but to become a better city it has to know what it is and what it wants to be and what it can be.
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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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General Assembly is shame of IndianaRestricted Content

April 20, 2009
Morton Marcus
When we read that all the Democrats in the House voted against all the Republicans in the House on a given issue, we know independence has been cruelly killed by the leadership of each party. The same applies to the Senate.
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CIB rescue plan counts on new hotel being big successRestricted Content

April 13, 2009
Peter Schnitzler
The Marion County Capital Improvement Board's bailout depends on the success of Indianapolis' new downtown JW Marriott convention hotel.
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Raising already-lofty lodging levy could cause convention planners to bypass IndianapolisRestricted Content

March 2, 2009
Scott Olson
Raising Indianapolis' tax on hotel rooms — already one of the highest rates in the nation — could be the tipping point that causes conventioneers to bypass Indianapolis, some industry experts say.
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It's time for Colts, fans to pay upRestricted Content

February 16, 2009
I agree 100 percent that Colts' owner Jim Irsay should step up to the plate to help bail out the Capital Improvement Board debt and that Colts' ticket holders should be taxed.
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Downtown development great for citizens, visitorsRestricted Content

November 10, 2008
Chris Katterjohn
The development of shopping, restaurants, museums, public arts and hotels downtown in the past 25 years has made Indianapolis a vibrant, more interesting place to live—and to visit.
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  1. Aaron is my fav!

  2. Let's see... $25M construction cost, they get $7.5M back from federal taxpayers, they're exempt from business property tax and use tax so that's about $2.5M PER YEAR they don't have to pay, permitting fees are cut in half for such projects, IPL will give them $4K under an incentive program, and under IPL's VFIT they'll be selling the power to IPL at 20 cents / kwh, nearly triple what a gas plant gets, about $6M / year for the 150-acre combined farms, and all of which is passed on to IPL customers. No jobs will be created either other than an handful of installers for a few weeks. Now here's the fun part...the panels (from CHINA) only cost about $5M on Alibaba, so where's the rest of the $25M going? Are they marking up the price to drive up the federal rebate? Indy Airport Solar Partners II LLC is owned by local firms Johnson-Melloh Solutions and Telemon Corp. They'll gross $6M / year in triple-rate power revenue, get another $12M next year from taxpayers for this new farm, on top of the $12M they got from taxpayers this year for the first farm, and have only laid out about $10-12M in materials plus installation labor for both farms combined, and $500K / year in annual land lease for both farms (est.). Over 15 years, that's over $70M net profit on a $12M investment, all from our wallets. What a boondoggle. It's time to wise up and give Thorium Energy your serious consideration. See http://energyfromthorium.com to learn more.

  3. Markus, I don't think a $2 Billion dollar surplus qualifies as saying we are out of money. Privatization does work. The government should only do what private industry can't or won't. What is proven is that any time the government tries to do something it costs more, comes in late and usually is lower quality.

  4. Some of the licenses that were added during Daniels' administration, such as requiring waiter/waitresses to be licensed to serve alcohol, are simply a way to generate revenue. At $35/server every 3 years, the state is generating millions of dollars on the backs of people who really need/want to work.

  5. I always giggle when I read comments from people complaining that a market is "too saturated" with one thing or another. What does that even mean? If someone is able to open and sustain a new business, whether you think there is room enough for them or not, more power to them. Personally, I love visiting as many of the new local breweries as possible. You do realize that most of these establishments include a dining component and therefore are pretty similar to restaurants, right? When was the last time I heard someone say "You know, I think we have too many locally owned restaurants"? Um, never...

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