Delaware County

Will Muncie Community Schools vote to cancel bus service?

Posted on

Bus stop: Why and when issue was really decided

Though I’m writing these words prior to last night’s school board meeting, one doesn’t need a lot of tea leaves to divine the outcome.

School officials have made clear they want more money from somebody and busing is the hostage.

Taxpayers wouldn’t agree to give them more taxes in a 2012 referendum by a nearly 2-1 margin.

Creditors worried about repayment of debt successfully lobbied the legislature to make sure they won’t have to part with any money they’re owed.

So now the 20 percent or so of school boards across Indiana that can’t handle their finances appear to be collectively trying to tell the General Assembly that they’ll end busing if they don’t get more money. Muncie Star Press 7-14-15

Read the full column here.

Saturday morning ramblings – TIF info available

Posted on

mouse trap & money

‘Morning to the good people of Indiana.  Been a long time since the last Saturday rambling was posted.  It certainly isn’t for lack of subject matter, plenty of fodder to write on.  Time’s a wasting, so let’s get to the down and dirties.

For those seeking further information about your local Tax Increment Financing (TIF) you will find a wealth of data on the Indiana Transparency Portal.  Here you can find revenues, expenditures, assessed valuation, businesses and a whole bunch more.

Say what you will about our State, placing this data in the hands of the public is an awesome step on the part of our government.

At the onset of the portal, it was clumsy, hard to navigate and limited information.  Responding to public input, the site has come a long way.

Take a gander.

Indiana Transparency Portal

Delaware County TIF

More Delaware County TIF

Even More Delaware County TIF

 

Economic Development – Riley style

Posted on

money-falling-from-sky-microsoft-free-clip-art1.jpg

There is no doubt in anyone’s mind Delaware County Economic Development is a hard area to follow.  Both financial and in practice.

Today, Larry Riley, a regular columnist in the local newspaper lays it out for us.  I’m not sure anyone could have done a better job at explaining.  Nevertheless, here it is in all her glory.  Enjoy.

Development of economic development.

Update: I don’t know much, but I know enough. Liberty suing MSD….

Posted on

In its lawsuit, Liberty says the Muncie district raised the rate that Liberty pays in 2013 in a maner that is “not permitted under the contract.” Liberty objected but MSD continued with the billing.

Liberty’s lawsuit argues that it has now been overcharged by MSD by $61,000.

At the heart of Liberty’s lawsuit is the assertion that MSD can raise its rates to Liberty only because the cost of processing sewage has increased. MSD acknowledged, Liberty said, that it was raising its rates in part because of its multi-year, multi-million-dollar project within the city of Muncie to separate storm and sanitary sewers.

Liberty vs MSD

For a local utility to raise its rates while overpaying by $300,000 on quotes is inconceivable.   Of course, the Mayor will look the other way and no one will be watching over our money.

MSD under scrutiny

The way it goes is something like this:  Elected officials appoint people to positions, often where large sums of money can be spent with little oversight.  Neither the elected officials or their appointments take any responsibility.  Sometimes, a sum of money, say around $10,000 coming from Economic Development Income Tax, may be used for the purpose of finding a legal loophole to remove board members before their appointment has expired.

Your rates and your taxes will increase, but you won’t mind a bit.  Said it before, will say it again.  When you vote the person into an office, you also vote in their appointments.

Well, it’s only money and we have plenty to burn.

Upcoming event: Indiana Fair Tax Summit March 7th, 2015

Posted on Updated on

fairtax pic copy

When:  March 7, 2015

Time: 10:00 AM

Where:  First Church of the Nazarene,

3101 N. Benton Road Muncie, IN

Cost: Free

Additional information, please click on FairTax Summit Flyer!

FairTax Summit flyer

fairtax pic copy

Tuesday Tidbits: More on TIF districts and employment opportunities

Posted on

TIF Districts, two job openings in Delaware County all rolled into one opinion column.  Nice transition.

Larry Riley Sure look like regular budget use of TIF