Editorial: Tax law merits more discussion as impacts reverberate statewide
We are concerned the tax changes will make it harder for communities to grow.
Government & Economic Development
Articles
City’s rebranded land bank aims to be more strategic in property redevelopment
Over the past several months, Indianapolis leaders have been staking colorful signs into the yards of city-owned vacant properties in what amounts to a promise to neighbors that they plan to put the properties back on the tax rolls.
Large hospitals gird for Braun’s plan to change Medicaid reimbursement
Indiana’s hospital systems could face hundreds of millions of dollars in annual Medicaid reimbursement cuts if the rates they charge to employer-provided insurance plans are higher than thresholds set by Gov. Mike Braun’s administration.
Mayor’s call center workers form union
The Mayor’s Action Center at the City-County Building has a dozen employees who operate as the front line for complaints and questions for the Hogsett administration. Yet, those employees are among the lowest paid in the city-county enterprise.
Noblesville crafting ideas for areas west and east of downtown
Redeveloping the long-vacant Firestone Tire and Rubber Co. manufacturing site is a major component of Noblesville’s long-term plan that involves creating master plans for areas just outside of downtown.
Indiana Democrats prep for voter redistricting battle
Republican legal leaders, including Indiana Attorney General Todd Rokita, have declared a congressional district map redraw “perfectly legal.” Democrats and other opponents say they’ll challenge any such move in court.
City bailout keeps plan alive for Gold Building
A city commission is backing the Hogsett administration’s effort to salvage the long-planned redevelopment of the Gold Building downtown, which for months has been hampered by financial challenges that nearly derailed it.
READI regions provide ‘sound foundation’ for Indiana’s regional policy, study says
Earlier this year, Gov. Mike Braun signed an executive order directing state leaders to establish a unified regional framework for economic and workforce development.
Lawrence-based Schneider Geospatial acquires Boston software firm
Lawrence-based software firm Schneider Geospatial, which has more than doubled its employee base over the past three years, just acquired its fifth company since 2022.
Amid urban walkability push, zoning stalls some projects
Development restrictions along the route of IndyGo’s future Blue Line intended to foster transit-oriented development have created difficulties for two projects along East Washington Street.
City seeks to curb violence on eve of WNBA All-Star Game
Indianapolis leaders and event organizers are in a race against the clock to quell a recent spate of downtown violence before next weekend when the city hosts the WNBA All-Star Game and Indiana Black Expo Summer Celebration, two of the biggest events on this year’s calendar.
Trump to put 25% tariffs on Japan, South Korea
President Trump provided notice of the tariffs to begin on Aug. 1 by posting letters on Truth Social that warned both countries to not retaliate by increasing their own import taxes.
Indianapolis biz leader picked to lead new state Office of Entrepreneurship and Innovation
Indiana’s new Office of Entrepreneurship and Innovation is expected to focus on Main Street businesses—small businesses that are not venture-backed, not easily scaled and found in many towns and cities across the state.
As new tax bill takes effect, local officials fret
Municipal government leaders across Indiana are going pale in the face while they review budget forecasts for the next few years as a sweeping property tax relief law takes effect.
Amid ongoing Elevate Ventures funding freeze, some companies approved for investments
Also, at Wednesday’s meeting, the IEDC board’s entrepreneurship committee updated the investment policy for the Indiana Angel Network Fund III LLC—the investment fund managed by Elevate Ventures through which the SSBCI money flows.
IEDC board approves incentives for four planned data center projects
The Indiana Economic Development Corp. estimates that the data center incentives are worth an estimated $168 million in total tax savings for the combined projects over the next 35 years.
Braun replaces IEDC board with 9 new members
The sweeping move fulfills a pledge Braun made Thursday when he confirmed he planned to dismantle and reconstruct the existing board of the state’s economic development agency.
Indiana’s Office of Entrepreneurship and Innovation to be ‘front door’ for entrepreneurs, small business owners
But with that two-year spending plan set to take effect on July 1, it’s still not clear what the office will do and who will lead it.
Governments face state deadline to start livestreaming meetings
The law, passed in 2023, covers public meetings held by state boards and commissions; elected school boards; county commissions; and county, city and town councils.
Funding for workforce training, manufacturing readiness and flight incentives in limbo after state budget cuts
Business leaders are encouraging state commerce officials to retain the programs that have led to what they say has been a “strong ROI” in the past.