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State Board of Accounts finds noncompliance in Westfield’s Bullpen contracts

November 9, 2020 | Kurt Christian

A state-level review of Westfield’s 2018 finances found city officials failed to comply with state laws and guidelines when they entered into an informal agreement with Bullpen Tournaments.

Hotels’ vacancy woes cause debt headaches

November 6, 2020 | Mickey Shuey

With travel and convention business continuing to stagnate and COVID-19 cases on a steep rise, many properties find themselves scrambling for long-term loan solutions and pleading for help from lenders.

Sheila Kennedy: America is being penny wise and pound foolish

November 6, 2020 | Sheila Suess Kennedy

Despite Donald Trump’s sneering disinclination to help “mismanaged blue cities,” the current state and local government financial crisis is a result of the pandemic, not incompetent governance. And this crisis isn’t limited to Democratic jurisdictions.

KIM: ‘Rich’ is different from ‘wealthy,’ and time is key to success

October 23, 2020 | Mickey Kim

Rich is current income and easily seen in people’s car or house, either live or in their Instagram fairy tale. Wealth is what you don’t see.

Kim & Todd Saxton: This is why it’s never ‘just business’

October 16, 2020 | M. Kim Saxton and Todd Saxton / Special to IBJ

What leads to a strong and sustainable business? We’d like to suggest three aspects leaders need to pay attention to: values, relationships and balance.

Social Security recipients to see modest increase in 2021

October 13, 2020 | Associated Press

The cost-of-living adjustment, or COLA, affects the personal finances of about 1 in 5 Americans, including Social Security recipients, disabled veterans and federal retirees, about 70 million people.

Global watchdog proposes tax overhaul for Big Tech

October 12, 2020 | Associated Press

If countries don’t all agree on the new tax rules, the Organization for Economic Cooperation and Development warned there’s a risk of a global trade war triggered by individual countries launching their own digital services taxes to help their recovery from the pandemic.

New law means $4.7M more in tax revenue for Fishers, courtesy of Carmel

October 9, 2020 | Kurt Christian

Special legislation passed in 2019 that caps Carmel’s income tax revenue growth at 2.5% per year for three years, with any excess transferred to Fishers, was triggered in the first year it could apply.

HAHN: Too much truck, house pinch retirement savings

October 9, 2020 | Jalene Hahn

The pandemic has highlighted the fragility of many Americans’ financial situations. We need to start prioritizing saving and self-reliance.

Report calls for Indiana school funding changes to close equity gaps

October 8, 2020 | Stephanie Wang, Chalkbeat Indiana

The gap is driven by charter schools, according to the report, since they serve a greater percentage of students of color than does the average Indiana district and do not receive local property tax revenues.

Long-term jobless caught in squeeze that imperils recovery

October 5, 2020 | Associated Press

More than one-third of workers who have been laid off or furloughed regard their job loss as permanent, according to a survey by Morning Consult. That’s up from just 15% in April.

Trump joins growing list of virus-infected world leaders

October 2, 2020 | Associated Press

At 74, the U.S. president is the oldest head of state to become infected with the virus, and his age puts him at higher risk of serious complications from COVID-19.

More landlords suing to push back against eviction ban

September 25, 2020 | Associated Press

At least 26 such lawsuits have been filed by property owners this year, claiming that the national eviction moratorium unfairly strains their finances and violates their property rights.

House Democrats hope to pass funding bill to avert shutdown

September 22, 2020

A mini-furor over farm subsidies is threatening to delay passage of the measure. It ignited when Democratic leaders left out a key provision for farmers. Democrats from farm country are reluctant to approve the measure without the GOP-backed provision.

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