Daniels revives agency mistakenly canceled
Gov. Mitch Daniels has signed an order restoring Indiana's largest state agency, the human services department, after it was accidentally eliminated due to a mistake in a new state law.
Government & Economic Development
Articles
Indiana toll road came up $209M short in 2010
Now five years old, the Indiana Toll Road deal has yet to turn a profit, or break even, for its two overseas investors. The $3.8 billion contract, however, has been a bargain for the taxpayers of Indiana.
City exploring Mass Ave redevelopment options
Property that houses Indianapolis Fire Department facilities on North New Jersey Street, bordering Massachusetts Avenue, could be sold to private developers. In turn, city police and fire services could be better connected.
Indiana fireworks tax raises millions for training
State budget officials said Indiana took in $2.5 million from the special 5-percent public safety tax on fireworks during the 2011 fiscal year that ended June 30. That indicates about $51 million in retail fireworks sales around the state during that time.
Senators propose immediate end to ethanol credit
Two senators from ethanol-producing states proposed Thursday to immediately end a tax credit for the corn-based fuel and agreeing to support shifting some of that money to debt reduction.
City taps downtown TIF funds for bridge repairs
The city is bidding work to repair concrete and add a green roof to the Meridian Street Bridge adjacent to downtown Union Station.
HICKS: Without real cuts, cost of borrowing will rise
What is abundantly clear is that federal spending is much higher than is currently sustainable.
STUMPP: Docs’ loss of independence driving up health care costs
The fact is that hospitals are paid three to four times for physician ancillary services.
Navistar seeks more tax breaks after old deal failed
The company, which had planned to close its Brookville Road plant, now is set to create 250 new jobs by investing $19 million in new equipment. It previously received $18 million in tax breaks and repaid $5 million to the city.
Lottery revenue grows but scratch-off sales falter
The Hoosier Lottery sold a total of $740 million in tickets and awarded $456 million in prizes during the 2010 budget year.
Pence tops Gregg in early fundraising in governor’s race
In Senate race, Lugar has outraised challenger Richard Mourdock 3-to-1.
WellPoint to pay $100,000 over data breach
Health insurer WellPoint Inc. will pay $100,000 and take other steps after admitting it waited months to notify 32,000 Indiana customers that their Social Security numbers, health records and other personal information might have been exposed online.
Hospital bed repair firm plans Indiana expansion
A company that reconditions hospital beds plans to expand its operations in southeastern Indiana and potentially add 55 jobs in the next couple of years.
Indiana State Museum hopes for new start
The Indiana State Museum begins a new fiscal year Friday with a different governance structure and a $1.1 million surplus.
Shrinking revenue puts Ballard in hot seat
A drop in local income-tax revenue could put Indianapolis Mayor Greg Ballard between a familiar political rock and hard place as he faces re-election. Next year’s budgets must be approved in October, when Ballard’s race with Democratic challenger Melina Kennedy will be in the home stretch.
City mum on economics of $15M parking garage
City officials and the developer of a proposed parking garage in Broad Ripple have refused to share financial projections for the project, describing the documents as a “trade secret” exempt from public disclosure.
HICKS: Founding document holds lessons for today
The Declaration of Independence has some key tenets that bear mentioning in these times.
Lugar pushes energy savings, more oil production
Indiana Sen. Richard Lugar is pushing a national energy plan he says will save billions of dollars by increasing domestic oil production and improving energy efficiency.
State limits on jobless benefits take effect Friday
Department of Workforce Development Commissioner Mark Everson says the changes will help ensure that only the truly unemployed receive benefits.
Daniels says investors overpaid on Indiana Toll Road
Gov. Mitch Daniels on Wednesday marked the 5-year anniversary of the $3.8 billion lease. He said the state is insulated from any financial problems under the deal it crafted even though an investor group is in danger of defaulting.