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Statehouse Update

The Indiana State Senate, by a voice vote, amended the current CIB funding plan to adopt the Mayor’s finance proposal.  A final vote could come later this week. 

Meanwhile, City-County Council Democratic Leader Joanne Sanders will have a news conference tomorrow to share her ideas on how to fund the CIB shortfall.  Monday she told me her preference is to capture more donwtown revenue by expanding the amount of sales and income tax captured in the area to pay for the CIB operations costs, an idea the Ballard adminstration has privately been pushing at the Statehouse for a while.

  • John Howard

    Dammit! This problem can’t be fixed with ANY FORM of tax manipulation.

    Geeze, if these politicians were doctors, they’d still only be doing blood-lettings to cure all ills.

    The CIB needs to get out from under the massive debt they’ve accumulated.

  • Shorebreak

    I’ve been reading, listening, and watching over the last couple of days. I’ll reserve my comments to one core issue: When all is said and done it is still the taxpayers who are making up for poor budgeting and failing revenue for these profit-driven private enterprises. This kind of transfer of wealth is also called theft by legislation or decree. Compromising on the amount taken from the taxpayers doesn’t change what it is. From my perspective, it’s not a compromise at all.
    .
    Maybe some of you are ok with that. My belief system tells me that it’s immoral to take the wages of many to satisfy the desires of a few. In fact, I would go so far as calling it a mild form of tyranny, but that’s just me. Here’s why: If I refused to pay the extra pennies on my bill, I’m certain that the proprieter who is caught in the middle of this debacle might be forced to call the police, who would likely slap me with some sort of citation – at a minimum.
    .
    Would I be pushing the limits by taking that kind of stand? Absolutely, yes. But would I be wrong? I don’t think so. When one person or group of person says that a portion of my income – no matter how small – should be allotted to the bottom line of a private enterprise, my government has failed me. Maybe this needs to be taken to the courts.

  • Eugene

    Quick and dirty…

    http://www.lukekenley.com

    You’d think politicians would know to register their own name.com

  • Robert – NW Side

    Shorebreak, I’ve advocated refusing to pay the F&B tax in other posts. Even advocated that a large group of people do so as a form of civil protest.
    -
    I’m wondering what the police could charge you with? You’re not really ’stiffing’ the establishment, as you are paying the bill in full EXCEPT for the additional F&B tax.
    -
    The establishment is an uncompensated tax collector for the State.
    -
    So, what would the police charge you with?

  • Daw-g

    I have an idea. Someone phone Peterson and ask him what his plan was for the shortfall. He helped to create this mess. Surely he had a plan to fix it.
    .
    Ooops…on the other hand the current politicos are doing Peterson’s plan: Raise taxes and allow the Colt’s to bend us all over.

  • Nick

    The revised bill should require both the CIB and the Indiana Stadium and Convention Building Authority to have State Board of Accounts audits, CPA financial audits, and public disclosure requirements.

  • Abdul Hakim-Shabazz

    Nick,

    That was included in one of the amendments.

  • Bart Flies

    Great idea by Ballard and Joanne Sanders. This would do the trick without raising taxes.

  • Ash

    Bart Flies –

    How do you see the capturing of tax revenue as a revenue neutral move? In doing so you actually remove revenue that would go to the Indiana General Fund, correct? If the general fund revenue shrinks, the legislature replaces the $$$s with new revenue from somewhere else… whether it is in service cuts or additional taxes/user fees, everyone in the state gets hit by the decision.

  • Nick

    I read the bill, it does not include the Indiana Stadium and Convention Building Authority in public disclosure clauses.

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