CIB Budget Gets a Little Better
The President of the Capital Improvement Board says the agency’s finances are a lot better than they were back in 2007, even though it will have to dip into reserves to cover an estimated $20 million shortfall.
The municipal corporation approved a $147 million budget, which includes the costs of salary increases, health insurance and numerous capital projects for Bankers Life Fieldhouse and Lucas Oil Stadium.
However, Earl Goode tells Indy Politics the CIB has to prepare to cover the expenses of a number of prior commitments including a $37 million investor payment on Circle Center Mall in 2017.
Goode says once …read more
Via: http://indypolitics.org/2015/08/24/cib-budget-gets-a-little-better/
About author
You might also like
Fox News Roasted After Graphic Refers To ‘3 Mexican Countries’
“Fox & Friends” appeared to struggle with geography while discussing Trump’s plan to cut aid to Central America. Maybe Trump was confused on which Mexico was going to pay for
Leading U.S. Psychologists Secretly Aided CIA Torture Program
By Jon Hamilton Independent investigation done for the American Psychological Association supports allegations that psychologists and APA officials enabled U.S. torture of prisoners in the wake of 9-11. » E-Mail
In Congress, A Mixed Reaction To Iran Nuclear Deal
By David Greene World leaders struck a landmark deal Tuesday to curb Iran’s nuclear program, and President Obama delivered a statement from the White House. » E-Mail This …read more
