Articles

Bond bank will manage Carmel debt

Carmel Mayor Jim Brainard is trying to streamline the city’s debt management with a new Local Public Improvement Bond Bank. But it’s not clear whether his method in creating the bond bank, his choices for key positions, and his proposed combination of smaller bonds follow state guidelines and best practices.

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Critics vindicated by Carmel cash woes

A budget shortfall at Carmel Utilities has led to a deficit in the city’s general fund—a problem critics of Mayor Jim Brainard have been warning about for months.

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