Articles

Report: Carmel panel may face TIF shortfall but can pay debts

New financial projections suggest the Carmel Redevelopment Commission will have enough annual revenue to pay its debts for the next 15 years before dipping into reserves. But property taxes from the city’s two-dozen TIF districts could fall more than $1 million short as soon as next year.

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Maplehurst plans expansion into Lebanon, 219 jobs

Maplehurst, which is based in Brownsburg, said it will renovate and equip a 180,000-square-foot facility in Lebanon that will house the warehouse, distribution and manufacturing operations for its cake and cupcake products.

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City focuses on streets in $30M natatorium plan

Mayor Greg Ballard on Monday morning unveiled details of the plan, in which IUPUI and Lilly Endowment each contribute $10 million for the IU Natatorium renovation. The city’s $10 million part of the plan involves nearby streets.

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Panel recommends highway projects, indexed gas tax

The state should index its gas tax to increase with inflation, build a new bypass around Indianapolis, and consider user fees to supplement highway funding, a transportation panel said in its recommendations Wednesday.

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UPDATE: Bennett accepts $5,000 fine in ethics settlement

Former Indiana Superintendent of Public Instruction Tony Bennett has agreed to pay $5,000 as part of a settlement in which he admits to using state resources for campaign work but is cleared of formal ethics violations in a grade-change scandal.

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