Transferring from FL to Indy.

[timothyaw]

Originally Posted by grmasterb

I'm not calling you a liar, but please provide a source. My recollection is that this money comes from the CIB budget, which property taxes do not finance.

Here you go....

CIB budget proves a hard sell
Indianapolis Star - Indianapolis, Ind.
Author: Jon Murray
Date: Oct 12, 2010
Start Page: B.1
Section: LOCAL -- METRO & STATE
Text Word Count: 548
Abstract (Document Summary)

"The fact of the matter is that we are now spending property taxes on CIB-funded
activities, and that's a new ballgame for us," Nytes said. Besides the operating
budget, the CIB's overall spending plan includes $31.3 million for its bond
fund.
Reproduced with permission of the copyright owner. Further reproduction or
distribution is prohibited without permission.

[timothyaw]

Originally Posted by grmasterb

I'm not calling you a liar, but please provide a source. My recollection is that this money comes from the CIB budget, which property taxes do not finance.

CIB Taps Into $8 Million In Property Tax Funds - Indiana News Story - WRTV Indianapolis

Yeah world class city my A!@#$

[timothyaw]

Originally Posted by grmasterb

I'm not calling you a liar, but please provide a source. My recollection is that this money comes from the CIB budget, which property taxes do not finance.

Advance Indiana: Property Tax Revenues Flow To Fund CIB For The First Time In Its History

[grmasterb]

Originally Posted by timothyaw

Here you go....

CIB budget proves a hard sell
Indianapolis Star - Indianapolis, Ind.
Author: Jon Murray
Date: Oct 12, 2010
Start Page: B.1
Section: LOCAL -- METRO & STATE
Text Word Count: 548
Abstract (Document Summary)

"The fact of the matter is that we are now spending property taxes on CIB-funded
activities, and that's a new ballgame for us," Nytes said. Besides the operating
budget, the CIB's overall spending plan includes $31.3 million for its bond
fund.
Reproduced with permission of the copyright owner. Further reproduction or
distribution is prohibited without permission.

Very well. Thanks.

At some point I'll have to research futher myself as I wonder if this was, in effect, a loan that CIB will eventually have to pay back to the city. A long-term lease with the Pacers still has to be worked out, and the results of the ongoing NBA lockout/collective bargaining agreement will go a long way toward determining the viability of the Pacers in this market.

I would take some issue, however, with your contention that this example means the city's priorities are "out of whack." The city is caught between a rock and a hard place on this one. Obviously, no one wants to give the Pacers any more subsidy than necessary. But when the alternative is to risk the Pacers leaving, thus sticking the city with debt servicing payments on a facility for which there's no tenant (i.e. incoming revenue), what do you do?

In the end, if the Pacers are going to want a virtually rent-free deal similar to what the Colts got with Lucas Oil Stadium, then I think the CIB should take back the management of the facility and the ability to schedule events. IMO, Conseco is underutilized, and I want to know why. Has Pacers Entertainment done a lousy job in scheduling performances there? Maybe, maybe not.

[Toxic Toast]

Originally Posted by timothyaw

closing some libraries and reducing hours at others, school systems are failing/laying off teachers, PATHETIC or should I say non existent public transportation.

You start to see where the priorities are, sports. NOT education, NOT city streets, NOT public transportation, NOT public libraries and so many more. Indianapolis IS NAPTOWN. Always has been, always will be. You've been warned.

Originally Posted by Toxic Toast

Name one library in the past 2 years that has been closed.

Originally Posted by timothyaw

That was ONLY after public outrage did they decide to not close. And it's one of those for NOW we won't close; but it could still happen if more money is not found. I did not overly exaggerate anything, those are all truths.

It is also a truth that you said that the city closed libraries, which is not true.

[grmasterb]

Originally Posted by timothyaw

Yeah world class city my A!@#$

Dude, seriously, relax. Indy is far from the only city dealing with these kinds of issues.

My main complaint is that Ballard was AWOL/extremely late to the party in dealing with CIB's problems.

[wh15395]

Originally Posted by Toxic Toast

There are plenty of libraries within a stone's throw of Central Library that are open on Thursdays:

East Washington
Fountain Square
Haughville
Spades Park
Shelby

One need only visit the library's website to know this.

I already knew this, but the Central Branch is downtown and is the state's largest and nicest library. IMO it should have the longest hours of any library in Indiana.

[Toxic Toast]

Originally Posted by wh15395

I already knew this, but the Central Branch is downtown and is the state's largest and nicest library. IMO it should have the longest hours of any library in Indiana.

It should serve its community in the best capacity it is able. It should not be open 24/7 for the sake of showing up the rest of the state.

[msamhunter]

Sounds like Tim needs to move to a city that doesn't have public tax dollar issue so outside of the US maybe is the only place I can think of.

Tax money for a sports stadium; not unheard of and actually quite common these days. Onlly stadium I can think of that was 100% owner built is Gillette Stadium.

The CIB is asking for money; ok, you either give it to them or you don't; odds are going to a city with an NBA franchise to a city without one will be more hurtful economically than just helping out so the Pacers can stay.

The Central library having weird hours, I can see as an issue, but for the most part, residents will goto their local library unless they just happen to be downtown.

Crying over one type of funding vs. another with regards to how the city is perceived is moot as EVERY us city faces the same dilemma year after year esp. when it comes to school funding. In Indiana, the bulk comes from Property Tax; a tax the citizens of Indiana voted to cap at 1%. Indianapolis is no different than any other municipality in that regard. The positives to look at is the ample amount of construction still going on; we are in a state that's not flat broke like Illinois or California and there is an abundance of activities to do here.