Carmel leaders seek answers on Christkindlmarkt financing

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8 thoughts on “Carmel leaders seek answers on Christkindlmarkt financing

  1. This is all just a needless mess.

    More than anything, the CCI board coup seems like an attempt for Carmel to funnel money to the City via the State rather than run the best event that it can. Finkam’s demands made no sense; the previous board members had specific expertise that paid off massively in the success of the Christkindlmarkt; and the new board members are a group of people who will almost certainly lobby the State for money, but they lack the expertise of the previous board.

    Now this is a fringe concern, but Finkam opened Carmel up to the potential of competition by not taking CCI’s concession to avoid competing within the Indy MSA. Realistically, the only place in the State that can compete was Downtown Indianapolis & the ‘concession’ given by CCI was perfect. I don’t know if Indy’s various tourism entities – which are all excellent – are paying attention or view this kind of thing as relevant, but now if they want to, they can meaningfully compete with Carmel’s Christkindlmarkt by poaching CCI’s former board members. You know, the people who made Christkindlmarkt great with their specific expertise to begin with…

    ‘Fixing’ something that isn’t broken was wild, but I guess time will tell if it pays off.

    1. It is broken if taxpayers are funding without reimbursement. The bank teller is making a large sum of money when no money is being made. Basic economics. Glad transparency is in motion.

  2. I can see the questions. The city spends a LOT of money to make this market happen. There is a group that is making money running the market. There are some basics here that need some transparency. How much money does the operation of the market make? Who benefits directly and indirectly? Is the cost worth the benefit?

    If the city thinks this has worth beyond the revenue the market brings in, and the tax payers as a whole should be subsidizing this, then by all means, move forward. If there are some groups that are enriching themselves at the city expense, that should stop.

    I personally have not been to the market, but it seems like this has grown to a top seasonal attraction and you’d have to travel to some place like Chicago to find something similar. It doesn’t hurt that somebody steps back and asks some hard questions, but I think the value of the market goes far beyond the actual revenue it might bring in. Good for Carmel if they can afford it and pull it off.

    1. Why make it seem like a bigger deal than it is by totaling it up like this, look at annual costs. $1M out of a budget of $232M? $10 per capita? nbd.

    1. OH yeah what a great idea to have a, let me check my notes, a Christmas market in the summer…

  3. I appreciate this and the extra effort the new Mayor has made into asking questions and seeking transparency. Mayor Brainard gets a lot of credit for where Carmel is today. But as an 11-year resident of the city, I can say transparency was not his middle name.

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