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Indiana brought in $957 million less in revenue than it budgeted for fiscal year 2010, forcing it to use almost half its reserves,
Indiana State Auditor Tim Berry announced Friday morning.
State officials decided to reduce the interest rate on a $9 million loan to the city's Capital Improvement Board by 1
percentage point. The news couldn't come at a better time for the agency, which is trying to find money to assist the
Indiana Pacers.
The Indiana Court of Appeals on Thursday overturned the town of Bargersville’s annexation of land that Greenwood officials
also wanted to take over, saying it failed to get the required consent from property owners.
Attorneys for Bren Simon argued Friday she has served capably to date as executor of the estate of her late husband, Melvin
Simon, as shown in a series of moves she made to transfer his stake in the Indiana Pacers.
Emmis Communications Corp. performs well in Austin, Indianapolis and New York to turn a $3.8 million profit during quarter
ended May 31.
Politicians are beginning to tepidly make the case to head off disaster.
Todd Leary of Carmel pleaded guilty in court Thursday to a felony charge of misappropriating title insurance escrow funds.
His agreement with prosecutors calls for him to face up to three years in prison, with that cut in half if he pays nearly
$295,000 in restitution.
The Indianapolis Museum of Art will receive a $200,000 National Endowment for the Arts grant for a series of installations along a six-mile stretch of the White River.
The Indiana Supreme Court says youth who outgrow foster care are at risk of homelessness, unemployment, substance abuse, criminal
involvement and mental health issues.
Indiana and other states face a struggle as they grapple with putting the health care changes into place in a relatively short
span of time while they also contend with the economic downtown and strained state budgets.
The Children’s Museum of Indianapolis is about to expand its role in urban redevelopment. It has already invested more than
$1 million in the half-dozen blocks around its campus on North Meridian Street, and now plans to help create a comprehensive
plan for an area that encompasses six nearby neighborhoods.
If Mayor Greg Ballard successfully closes the $1.9 billion sale of the city’s water and sewer utilities to Citizens Energy,
some of the proceeds will be used to bulldoze or rehabilitate 2,000 to 4,500 abandoned, unsafe homes during the next two years.
Millions of dollars in tax revenue that flows from the Indiana Live casino to local government coffers will be set aside for
economic development. Shelbyville Mayor Scott Furgeson hopes to present new projects to the city council in the next month
or two.
Clarian Health is launching its own health insurance plan, the boldest of several initiatives at Indianapolis hospitals to
bypass health insurers and provide health benefits directly to employers.
The $33.5 million the Capital Improvement Board is providing the Indiana Pacers is merely a Band-Aid that will do little to
solve serious short-term and long-term issues facing the team.
Cooper’s Hawk Winery & Restaurant, which will take the old Bahama Breeze space on East 96th Street, is one of four that are
planned.
Marion County Prosecutor Carl Brizzi has hired his former legal partner and personal attorney to field public records requests.
Locally based Collignon & Dietrick PC is responsible for review and production of Prosecutor’s Office e-mails, contracts,
case files and other documents requested by members of the media or public.
The sites offer insight into government contracts and other business activities of local government.
