Controller warns modeling and data gaps make precise 'break-even' rates unreliable

Abby Hanson, the task force chair and controller for Indianapolis and Marion County, spent much of the meeting explaining modeling trade-offs and data limitations that complicate exact 'break-even' calculations. She said the statutory distribution formula is lengthy and ambiguous in places and that she excluded levy-freeze growth from the primary model because the statute allows levy growth starting in 2029.