Comments on Advance Indiana™: Fitch Affirms AA Credit Rating For Mass Avenue TIF Bond Issue, Confirms Enormity And Growth Of Downtown TIF District

I'm not sure what you mean by your question, a...

2013-08-07T19:41:20.128-05:00

I'm not sure what you mean by your question, anon.

Long time reader first time comment, Do TIF's ...

2013-08-07T11:13:03.453-05:00

Long time reader first time comment, Do TIF's play a part in the assessed valuation quotient as determined by the State Budget Agency. The SBA has Indianapolis the growth quotient and 2.6 for cy 2014

And, one should note, they make NO mention of the ...

2013-08-07T11:02:11.051-05:00

And, one should note, they make NO mention of the $80 million stabilization fund that was created using RebuildIndy money (from the sale of the sewer and water utilities). Thus, one can conclude that these funds CAN INDEED be used for ongoing services, like police and fire, without causing a downgrade by the rating agencies.

So...the rating is not so great, Ballard's dir...

2013-08-07T00:06:45.727-05:00

So...the rating is not so great, Ballard's dire claims of the city facing a $55 million budget deficit next year, but we'll have a Cricket Field at $6M, and a new 28 story glass tower condo at MSA with tax money.

"Corruption is as corruption does."