IMPD talks through 2022 budget, hours after police fatally shoot homicide suspect
The Indianapolis Metropolitan Police Department is asking for $265 million, a $3.7 million increase from its approved 2021 budget.
City budget
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Council committee advances new emergency services agency
Indianapolis’ emergency services functions, including 911 and fire communications, are one step closer to becoming part of a new, separate agency with an initial $23.1 million budget.
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City on firm financial footing with $1.3B budget proposal, Hogsett administration says
Indianapolis Mayor Joe Hogsett’s administration introduced a $1.35 billion budget proposal to the City-County-Council on Monday evening, with more than half allotted to public safety and criminal justice.
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Capital Improvement Board sees first financially positive month since pandemic
The operator of the city’s convention facilities reported its best monthly financial performance since the pandemic led the Indiana Convention Center to temporarily close down in March 2020.
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City-County Council gives final approval to 2021 budget
Also, in a late-Monday vote, the council approved a controversial proposal that calls for adding four civilians to the Indianapolis Metropolitan Police Department General Orders Committee.
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Articles
Hogsett’s $1.3 billion budget ‘threading a needle’ to stay balanced
The proposed budget takes in $113,884 more than it spends, leading Indianapolis Mayor Joe Hogsett’s administration to characterize it as the fourth consecutive balanced budget since he took office in 2016.
Hogsett plans to spend $76M to help residents, businesses, government agencies affected by virus
The Indianapolis City-County Council is scheduled to meet at 7 p.m. Monday night to consider the proposal.
State allocates $300M to local governments for coronavirus aid
Gov. Eric Holcomb announced Friday during his press briefing that cities, towns and counties will be eligible for a certain portion of the $300 million based on population.
Indiana could receive more than $2.6B from federal stimulus package for state, local spending
The Coronavirus Aid, Relief, and Economic Security Act, which President Donald Trump signed into law on March 27, provided $2 trillion in economic aid for business, hospitals and governments struggling with the impact of the pandemic.
Council approves Hogsett’s $1.2B budget, with focus on public safety, infrastructure
The 2020 spending plan—which passed 22-2—is projected to spend about $171,500 less than the city will receive in revenue. Officials say that makes it the city’s third consecutive balanced budget since Hogsett—who is seeking re-election—took office in 2016.
Council approves creation of new south-side TIF distrct
The city plans to spend $3 million on infrastructure, lighting and beautification projects in the area, using funds generated within the TIF district.
Merritt calls Hogsett’s food insecurity plan ‘complete waste of money’
Republican mayoral candidate state Sen. Jim Merritt on Thursday criticized Mayor Joe Hogsett’s plan to spend about $580,000 on programs to combat food insecurity in Indianapolis and said it “will likely make the problem worse.”
Council panel OKs spending $8M on road projects, cleanup of city park
The Indianapolis City-County Council’s public works committee on Thursday unanimously approved a plan to spend about $8 million in returned local option income tax dollars.
Council panel OKs $580K in programs to confront local food insecurity
Indianapolis Mayor Joe Hogsett’s new initiatives to combat food insecurity were advanced by a vote at an Indianapolis City-County Council committee Wednesday. The overall plan involves spending $580,000 on four programs.
Hogsett proposes ambitious, 9-county plan to fund infrastructure improvements
The mayor’s office says the strategy is a way to meet the city’s growing infrastructure needs—which amount to $160 million per year—without raising taxes. But the proposal would create winners and losers among area counties, even as it addresses what’s considered a regional problem.
Council passes plan to buy new vehicles, tear down Oak Tree Apartments
The often-bipartisan Indianapolis City-County Council cast a rare politically divided vote Monday night on a proposal that would, among other things, spend nearly $850,000 to buy new vehicles for city employees.
Indianapolis officials go to market to sell $600M in bonds
Representatives from the city were in New York City on Thursday to entice investors to buy bonds to fund the new criminal justice center—a milestone in the giant public project.
Lilly’s $7M tax-abatement request advanced by City-County Council panel
The proposed tax abatement is related to a $91 million investment the company is making in a building at the Lilly Technology Center on Kentucky Avenue.
City-County Council OKs $24M in additional public works spending
Some council members voted for the measure in spite of previously expressed frustration that the measure transfers $300,000 out of the city’s parking meter fund to eventually pay for initiatives that seek to curb homelessness and panhandling.
Council panel postpones vote on controversial billboard plan to consider changes
Council Vice President Zach Adamson said “we all have received lots of calls” on the proposal and said postponing the matter would “allow additional conversation” on whether or not to amend the proposal or accept it as written.
City parking meter hours to be extended after council vote
The new ordinance is expected to generate an additional $800,000 in parking meter fees annually—about $200,000 less than council members initially sought in a more extensive proposal.
Business partner sought for proposed Broad Ripple Park event center
The Indianapolis Parks Department is proposing the creation of public-private partnership involving a health care provider to help pay for a new family event center at Broad Ripple Park.
S&P upgrades rating on tax-supported Indianapolis bonds
S&P Global upgraded the city’s property-tax-secured bonds to AA+ from its previous rating of AA.
Moody’s removes ‘negative’ outlook on city’s credit rating
Moody’s also assigned an initial Aa2 rating to $30 million in revenue bonds issued this year by the Indianapolis Bond Bank to pay for long-term transportation funding.