Government & Economic Development

Indiana pension shifts to international bondsRestricted Content

April 13, 2013
The Indiana Public Retirement System recently issued a request for proposals from international fixed-income managers and received 16 responses by the April 5 deadline. The $27.1 billion retirement system will hire two managers to oversee $900 million.
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Passage to India: Ballard leading weeklong trade trip

April 12, 2013
 IBJ Staff
The Indianapolis delegation will hit the cities of Hyderabad and New Delhi. Visits will focus on information technology, life sciences, and research groups, organizers said.
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Indiana House turns aside school guns proposal

April 11, 2013
Associated Press
The Indiana House on Thursday pulled a proposal to have the state's public schools consider having employees, including teachers and principals, carry guns during school hours.
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Fiscal tug-of-war stalls Indiana voucher expansion

April 11, 2013
Associated Press
A plan to make vouchers more widely available to families has met a roadblock: So despite the momentum, lawmakers say they want more time to look at the voucher program approved two years ago.
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Bill to handle abandoned homes still on track

April 11, 2013
Dave Stafford
State Sen. Jim Merritt wanted to help an eastside Indianapolis church gain possession of some long-abandoned, derelict houses, tear them down and establish a park. The difficulty in doing so led to a bill that would make such improvements easier.
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Chamber prez Miller resigns after 18 months

April 11, 2013
Norm Heikens
Scott Miller, 45, will leave the Indy Chamber after a short tenure that included leading the body through mergers with several like-minded groups. He tells IBJ he felt that he had already accomplished his major goals and wanted to shift to the private sector.
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Lawmaker seeks relief for fed-up water customers

April 11, 2013
Kathleen McLaughlin
As citizens of Zionsville, residents of the Royal Run subdivision have had little recourse against the Whitestown-owned water utility that charges them 78 percent more than its customers to the north.
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Welfare recipient drug testing clears Indiana Senate

April 10, 2013
Associated Press
The bill would require all applicants for Temporary Assistance for Needy Families to complete a written screening test for possible drug abuse problems.
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Looser superintendent rules advance on tiebreaker

April 10, 2013
Associated Press
A proposal to no longer require Indiana's local school superintendents to hold a state superintendent's or teacher's license passed the state Senate after Lt. Gov. Sue Ellspermann cast her first tie-breaking vote.
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Limited school voucher expansion approved by Senate

April 10, 2013
Associated Press
The Senate proposal would allow siblings of students already receiving vouchers to qualify for the program, raise the value of each voucher by $200 and eliminate a one-year waiting period in public schools for students who attend "failing" schools.
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Senate passes new criminal sentencing rules

April 10, 2013
Associated Press
Supporters hope changes to sentencing laws will direct more people convicted of low-level felonies to work release and other local programs. It also would require those convicted of the most-serious crimes to spend more time in prison.
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House Speaker Bosma returns to podium after surgery

April 10, 2013
Associated Press
Brian Bosma missed all of last week's action in the Statehouse due to a serious infection developed from an artificial knee replacement.
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Indianapolis controller leaving for education group

April 10, 2013
Kathleen McLaughlin
The city will lose its controller a few months before the 2014 budget is due to be presented to the City-County Council.
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Indiana law change allows younger children as referees

April 10, 2013
Associated Press
A southern Indiana boy has successfully spurred a change in state law that will allow sports leagues to hire youngsters like him as referees.
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RV parts maker plans 800 jobs, new HQ in Indiana

April 9, 2013
Associated Press
Northern Indiana's recreational vehicle industry is getting a boost with the relocation of RV components producer Drew Industries Inc. to Elkhart and its pledge of up to 800 new jobs by 2017.
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Indiana Senate approves $30B budget, partial tax cut

April 9, 2013
Associated Press
The plan keeps much of the additional education spending that House Republicans added to their budget proposal in February. But the Senate package also includes a $150 million cut to personal income taxes.
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Ohio competition sends Indiana casino revenues down

April 9, 2013
Associated Press
Indiana's riverboat casino revenues fell 4.4 percent in March, dragged down by declines at two southeastern Indiana venues that faced their first month of head-to-head competition with a Cincinnati casino.
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School guns mandate dropped from House bill

April 9, 2013
Associated Press
An Indiana legislative committee has dropped a proposed requirement that all public and charter schools have a gun-carrying employee during school hours.
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Revenue forecast could swing Pence's tax-cut hopes

April 9, 2013
Kathleen McLaughlin
The state revenue forecast due out April 16 will influence the next two-year budget and possibly help Gov. Mike Pence sell lawmakers on his proposed 10-percent income-tax cut. Experts predict the numbers won't be much different from those in the last forecast.
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Plan would shift money from horse racing to auto racing

April 9, 2013
 The Statehouse File
The move—debated Monday in the Indiana House Ways and Means Committee—is meant to subsidize upgrades at the Indianapolis Motor Speedway and make low-interest loans available to other auto tracks and businesses across the state.
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2 agency heads already leaving Pence administration

April 9, 2013
Associated Press
The heads of the Department of Natural Resources and the Department of Administration have asked the Indiana Ethics Commission for formal opinions on whether they can accept positions in higher education.
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Group, bill promote natural gas fueling stations

April 9, 2013
Associated Press
Natural gas advocates want to create incentives for building fueling stations across the state in hopes that more people will operate vehicles using alternative fuels.
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IEDC deal with Mainstreet put on hold by Pence

April 8, 2013
Associated Press
Gov. Mike Pence asked the Indiana Economic Development Corp. on Monday to review its decision to grant $345,000 in economic incentives to a company started by a top Republican lawmaker and his son.
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City struggles to close gap on $30M in budget cuts

April 8, 2013
Kathleen McLaughlin
Indianapolis leaders made a pact to cut 5 percent from the already-adopted 2013 budget, but the reality might prove too difficult to stomach.
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As city budget tightens, Center Township trustee has money to burn

April 6, 2013
Kathleen McLaughlin
IBJ SPECIAL REPORT: Center Township lowered its bank balance in 2012, to $6.7 million, but the biggest checks Trustee Eugene Akers wrote weren't for emergency needs like food or shelter, the township’s main mission.
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  1. The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.

  2. I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!

  3. Coming from her background,she should be used to those kinds of advances! Menard probably figured it was ok to tuck a buck!

  4. I'm still waiting for the list of available, high quality apartments in the Village.

  5. This criminal masquerading as a lawyer obviously has serious issues. He’s been proven by his own testimony to be a pathological liar and probably has a personality disorder as he seems to be constructing a reality around himself. He places no value on truth, honesty or loyalty as evidenced by what he has done to his clients and his own family. And by the demands and lies he has made in court, it is evident he feels entitled to do and say whatever suits his purpose and everyone else is expected to nod obediently and believe him because he is, after all, Bill Super Lawyer; or BS lawyer for short. This millionaire wanna-be no longer owns anything of value; he squandered it and put everything he had into foreclosure. He has no money, house, car, boat or vacation home left to show for what he earned or what he stole. He’s just another loser without morals who will be doing time. I’m certain all of his courtroom shenanigans are antagonizing his poor victims. As Lamar said, his behavior and claims in court have been outrageous. The judge needs to be more than concerned; he needs to be judicial and end this nonsense.

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