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FINANCIAL PROFILE

December 15, 2008

FINANCIAL PROFILE 2008 income: $635,271 2009 projected income: $668,000 2008 expenses: $583,022 2009 projected expenses: $659,050 2007 assets: $2 million Fiscal year begins: July 1 2008 income 2008 expenses Investments Special Administration 12% events 4% 11% Personal Special contributions Salaries events 25% 19% 34% Grants Corporate 66% contributions 29% Information was provided by Lawrence Township […]

Indy’s northeast corridor train will reduce traffic, relieve air pollution, limit urban sprawl

December 15, 2008

On Sept. 26, the Indiana Regional Transportation Council voted to move to the next phase in the development of a mass transit
line connecting downtown Indianapolis to Hamilton County, and it couldn’t have come at a better time.

VALUE 12/8/08 6/30/07

December 15, 2008

VALUE 12/8/08 6/30/07 Shares of common stock outstanding 9.03 million 5.42 million Market value of one common share $.60 $15.76 Market value of common stock $5.42 million $85.4 million

Generic meds cost more than consumers realize

December 15, 2008

Generic drug makers drive up the cost of name-brand drugs developed by locally based Eli Lilly and Co. and other pharmaceutical
firms.

Indiana Ice honors Schupay’s dedication to team

December 15, 2008

Afater the sudden death of Michael Schupay, the respected and dedicated Ice team president, the Indiana hockey team is striving
to honor his memory.

Conference center plan for Hendricks County gets positive interest

December 15, 2008

A recent feasibility study came out in favor of creating a small conference center with an adjoining hotel near Interstate 70 and State Road 267, the Hendricks County Convention and Visitors Bureau said. The study found that planners nationwide have interest in a conference center there for two reasons: the new midfield terminal at Indianapolis […]

Local stores promote service and uniqueness, not discounts, during holidays

December 15, 2008

Indianapolis merchants are banking on customer loyalty to achieve sales they hope will surpass the gloomy expectations forecast
for the holiday shopping season.

Givers get strategic

December 15, 2008

 Wealthy people are getting more advice from hired professionals and less from peers and not-for-profit personnel when
making
decisions about charitable giving, a new study shows.

College costs must be controlled

December 15, 2008

Colleges must control costs so that students, particularly those from low-income families, can afford higher education without
going into tremendous debt.

PROGRAMS

December 15, 2008

PROGRAMS Advancement Via Individual Determination: Offered in both high schools and three middle schools to 550 kids a year. Pushes kids who are performing at an average level into more rigorous course work and gives them academic support. My Community Gets Healthy: Brings a comprehensive, sustainable fitness and wellness program into all Lawrence Township schools. […]

Weird yields for Treasuries evidence of investor angst

December 15, 2008

A large number of investors are so fearful these days that they have flocked to the safest securities, pushing down interest
rates to virtually nothing.

Symphony’s Yule: Great music, poor staging

December 15, 2008

The Indianapolis Symphony Orchestra’s Yuletide Celebration features jazz/cabaret great Ann Hampton Callaway, but the show
doesn’t seem to have been adjusted to fit her talents.

Dallara comes to aid of IRL

December 12, 2008

In an effort to reduce costs for Indy Racing League teams during the 2009 season, Dallara will lower the price of parts for its IRL chassis.

The manufacturer plans to reduce the cost of general…

Quick-notes Friday

December 12, 2008

–Consider a stop at the Indiana Historical Society some time in the next few weeks. Most of it–including the gift shop, “You are There: 1945 Hoosier Home Front” and the History Lab will be closing to the public beginning Jan….

Local car dealers cringe, hope for better news

December 12, 2008

Indianapolis-area auto dealers kept their ears open this morning for news of how the Bush administration would react to Congress’ failure to reach a rescue package for Detroit automakers. Shadeland Dodge owner Kevin Beltz, despite darting through the service department on his way to a manager’s meeting, managed to catch a few details from TV […]

Baker & Daniels slashes 22 staff positions

December 12, 2008

Indianapolis-based law firm Baker & Daniels LLP has eliminated 22 positions – 12 in Indianapolis and 10 in Fort Wayne. The firm made the cuts to its operational staff on Wednesday, according to managing partner Tom Froehle. The terminations involved no lawyers or legal support. A recent review of internal operations uncovered technological improvements, allowing […]

UPDATE: Hotel deal helped land FFA conventions

December 12, 2008

A central Indiana consortium of 128 hotels offering 14,000 rooms at prices below market rates was key in securing a deal to bring the FFA National Convention to Indianapolis in six of 12 years from 2016 to 2024. FFA officials announced at Conseco Fieldhouse this morning that Indianapolis and Louisville will hold the convention in […]

UPDATE: State Museum lands huge Lincoln collection

December 12, 2008

The world’s largest private collection of Lincoln memorabilia – including signed copies of the Emancipation Proclamation and Thirteenth Amendment – will be housed at the Indiana State Museum. The collection, valued at $20 million, has been housed in Fort Wayne by Lincoln Financial Foundation, and is being donated to a consortium of Indiana groups led […]

IU chief plans salary freeze for administrators

December 12, 2008

Indiana University President Michael A. McRobbie this morning announced that he plans to freeze salaries for senior administrators in the 2009-10 fiscal year, a move that would save more than $2 million. The freeze would apply to as many as 400 employees. The move is McRobbie’s latest effort to respond to the recession and slumping […]

O’Reilly Raceway Park upgrading

December 12, 2008

O’Reilly Raceway Park at Indianapolis officials recently announced a plan for the next phase of the ongoing facility improvement project that has been underway for much of the last decade at the historic…

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