Carmel Mayor Jim Brainard traveled out of state using public money nearly every month this year. His trips aren't lavish, but he was gone on city business a total of 79 days, raising questions about both the hard and soft costs.
Marion County is suffering from a severe shortage of affordable housing and the inventory is not expected to increase anytime soon. The most popular financing option to help build affordable housing projects is so limited that only a small fraction of the developments get built.
If homes don't have a high enough price tag, a municipality could end up losing money. That’s because, under the state’s property tax caps, lower assessed values might not generate enough tax to cover the cost of city services.
CIB Executive Director Barney Levengood implored the board not to be overly concerned about the projected $46 million shortfall. The City-County Council is set consider the budget at its Sept. 25 meeting.
Negotiations with property owners to buy a few parcels of land in the Martindale-Brightwood neighborhood appears to have stalled. City-County Council members this week will discuss exercising eminent domain.