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10,235 results for 'Funding'

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    Susie Ripley

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Articles

Carter avoids blame game-so far: Museum proposal doesn’t pass judgment on past practices

January 31, 2005

Now he’s proposing a solution that’s focused on the future-even as it tacitly endorses past spending practices at the Hamilton County living history museum. His plan to establish an independent Conner Prairie and equip it with a $94 million endowment may well resolve the immediate issue, but it won’t answer the questions that drew him into the matter in mid-2003. “There have been serious claims brought to my attention about potential misallocation of trust funds that warrants review by this…

Special Report: MURKY MISSION: Vague directive dilutes 21st Century Fund’s high-tech impact

February 7, 2005

When directors of Indiana’s 21st Century Research and Technology Fund convened in May 2003, they’d already doled out $70 million in state grants over three years to fund h i g h – t e c h innovation a n d w e r e preparing to u n l e a s h another $60 million. But you wouldn’t know it after reading minutes from that meeting. They show a rollicking debate broke out over the 21st Century’s Fund’s…

CHRIS KATTERJOHN Commentary: Legislature has big responsibility

February 7, 2005

CHRIS KATTERJOHN Commentary Legislature has big responsibility We stand on the threshold of greatness. Wait; let me say that again. “We stand on the threshold of greatness.” Now, say it to yourself, making sure to insert a pregnant pause after the word “stand” and imagining you hear it in the booming radio voice of FDR. It’s one of those platitudes that could’ve been contrived by a speechwriter for any number of inaugural addresses, including those of Franklin D. Roosevelt, John…

Funding a chance at success: Bowens have helped 300 find career hope

February 7, 2005

Sharon Townsel is old enough to be Kori Buford’s mother. But despite the age difference, the women share a common bond: They’re both scholarship recipients of the Bowen Foundation. Robert and Terry Bowen launched the not-for-profit a decade ago and since have doled out $600,000 of their own money to nearly 300 black recipients who want to better their lives. By helping them learn a skill or trade, the object of the foundation is to assist those who need the…

SUSAN WILLIAMS Commentary: Don’t overlook Benjamin Harrison Home

February 7, 2005

SUSAN WILLIAMS Commentary Don’t overlook Benjamin Harrison Home Here’s a thought: Celebrate President’s Day (Feb. 21) at the President Benjamin Harrison Home. Let re-enactors take you back to the era of the only president elected from Indiana. Benjamin Harrison built his three-story Italianate Victorian home at 1230 N. Delaware St. in 1875 and lived there until his death in 1901, with a four-year interruption when he moved to Washington, D.C., to serve as the 23rd president of the United States….

New La Plaza says adios to independent NFP operations: Three groups uniting to serve Hispanic community

February 7, 2005

It took several years and a couple of gentle nudges in the direction of progress, but a streamlined support system for local Latinos is finally taking shape. Three Indianapolis not-for-profit agencies are giving up their own identities-and autonomy-to populate La Plaza Inc., an organization that aims to position itself as the place for the burgeoning Hispanic community to look for help. “When you have three or four groups working with minimal budgets and overlapping services, it can get confusing,” said…

Portal plan targets humanities teachers: Technology offers access to data, lesson-planning

February 7, 2005

The Indiana Humanities Council wants to open a new doorway for teachers around the state. IHC has begun testing a trial version of an education-portal program called Smart-Desktop at six central Indiana schools, including three from IPS. The goal of the program is to help teachers teach traditional humanities subjects such as history, social science and literature more efficiently and effectively, said John Keller, teacher-designer and coordinator of K-12 development for the Smart-Desktop initiative. Starting Feb. 1, more than 30…

STATEHOUSE DISPATCH: Tax talk begins to make Republican lawmakers hinky

February 14, 2005

Perhaps the most surprising aspect of this session’s first five weeks has been all the talk about imposing or raising taxes. A surfeit of Republicans ran for assorted offices last year complaining about the condition of the state budget, but pledged to bring it back into balance by attacking fraud and waste, and simply cutting more programs. Many Democrats who ran against them acknowledged budget “issues,” but suggested they could be managed and the budget would not be balanced on…

Mission: possible: Financial crisis averted, but work remains

February 14, 2005

Humane Society of Indianapolis saved itself in 2004. Poised on the brink of financial disaster, agency leaders came up with a deceptively simple recovery plan: Spend less, raise more and borrow some to make up the difference. So far, so good. Expenses last year came in about a half-percent under budget, fund-raising revenue was up 37 percent, and the shelter didn’t use as much credit as expected. Then there was the real victory-nearly 53 percent of the 8,985 animals that…

New-technology veterans take hands-on approach: West Lafayette’s IN-vivo Ventures aids startups

February 14, 2005

Spinning out university research to form new companies is a tricky proposition. But the partners who formed West Lafayette-based IN-vivo Ventures believe they can show would-be academic entrepreneurs what’s behind the curtain. “If an entrepreneur is looking for funding, that’s not what IN-vivo’s about,” said co-founder Chad Barden. “What we are about is identifying good, strong commercial opportunities that lack a business focus, and inventors who lack the business expertise to take it to market.” Every day, scientists and engineers…

STATEHOUSE DISPATCH: Legislative action heats up, but end-game still elusive

February 21, 2005

Last week was busy for members of the Indiana General Assembly. A budget was moved to the House floor, the daylightsaving time initiative was fully debated for the first time in years, slots for the state’s two pari-mutuel horse-racing tracks received a committee vote, the Indianapolis Colts stadium issue was at the forefront of hallway debate, the Indianapolis Works program was the subject of some debate, and some controversial charter school issues received an airing. But while there was a…

EYE ON THE PIE: Focus on expenses, not revenue, in state budget

February 21, 2005

In fewer than 700 words, I’m going to tell the story of how we finance government in Indiana. It’s my belated valentine to the Indiana General Assembly. The data are for 2001-2002, but things don’t change much from year to year. Indiana governments had revenue of $34.2 billion in fiscal 2002. But forget about separating state and local government finances. It’s a fraudulent idea to talk about local taxes vs. state taxes. The two are totally intertwined. Localities can do…

Eminent domain facing legal challenges: Supreme Court, Indiana legislature consider changes to economic development tool some say is unfairly used

February 21, 2005

The tool of eminent domain, increasingly used for redevelopment projects in Indiana cities and towns, could change significantly depending on the outcome of a U.S. Supreme Court case and a bill before the Indiana General Assembly. In Indianapolis, city officials are closely watching the cases and legislation. In recent years, construction of WellPoint Inc.’s operations center, redevelopment of the Link-Savoy and Blacherne apartment buildings, and Fall Creek Place have all involved eminent domain. Officials have also indicated they may use…

VOICES FROM THE INDUSTRY: Are traditional pension plans an endangered species?

February 28, 2005

Defined benefit plans, or pension plans as they are more commonly known, were a core component of the benefits provided by blue chip employers until the 1980s. About 40 percent of all American workers were covered by these plans. Under such plans, employees are guar anteed monthly retirement checks for life based upon their compensation, years of service and other factors. Recently, however, the use of pension plans has dropped dramatically. In 2003, only 20 percent of the work force…

Midfield may alter hotel-biz flight path: Hendricks County could gain from new airport terminal

February 28, 2005

Airport Expressway won’t live up to its name for much longer. When Indianapolis International Airport’s midfield terminal opens in 2008, the fast track to flight will be a dedicated entrance off Interstate 70. The move will shift travelers a few miles to the south and west-and take away the direct access that now drives them to expressway hotels. Observers predict hotel development along I-70 will take off as the midfield project nears completion, most likely creating a new hospitality hub…

SUSAN WILLIAMS Commentary: Keep Statehouse free of ‘March Madness’

March 7, 2005

Commentary Keep Statehouse free of ‘March Madness’ “March Madness” is upon us. Downtown will play host to 37 basketball games in 37 days. Visitors from all over the state and the nation will flock to our city and be dazzled by the ambiance and excitement we have refined over many years of hosting major events. Even the most profoundly addicted hoops fans should get their cravings satisfied. As we enjoy the month’s activities, we must be mindful not to take…

Training agency slashes government reliance: Not-for-profit turns to private donations for funding

March 7, 2005

Talk about a turnaround. An Indianapolis not-for-profit that once relied on government money to pay for most of its programs has found a way to do what many others wish they could-diversify its revenue stream as public funding dries up. In less than five years, work-force development agency Training Inc. has ended a decades-long dependence on government grants and contracts. “We had to reinvent ourselves in order to survive,” said former Director Joyce Duvall, who left this month after more…

STATEHOUSE DISPATCH: At half-time in the Statehouse, it’s politics 1, people 0

March 7, 2005

This column is typically devoted to the intersection of politics, government and business (with an occasional tortured sports analogy tossed in). We don’t usually address the higher order of the universe, but after last week, we find that we must delve into the field of metaphysics to provide you with some perspective on legislative events. March 1 marked the halfway point in the 2005 session of the Indiana General Assembly. But with more than 130 bills dying for lack of…

CHRIS KATTERJOHN Commentary: House Democrats blew it

March 7, 2005

Democrats in the Indiana House of Representatives took their toys and went home last week, skipping work for 22 hours over the final two-day period to move legislation over to the Senate. Their partisan, obstructionist tactics brought progress to a screeching halt as the state tries to move forward with a new agenda that Indiana voters overwhelmingly supported in principle back at the polls in November. I’m not sure, but I think if I decided to boycott my job for…

STATEHOUSE DISPATCH: Lawmakers likely to resurrect best bills in second half

March 14, 2005

The second half of the General Assembly’s “long” session is now upon us, even though it doesn’t quite feel like it had closure to the first half. Unless you were in Florida or Arizona watching baseball’s spring training games, you are well aware of the House Democrats’ tactics that resulted in a lack of quorum on the final days for passage bills from their chamber of origin. The lack of a quorum meant more than 130 bills died ignominiously on…

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