Speedway council approves police pay increases through 2026 in new agreement

In the heart of Speedway, Indiana, the Town Council convened on March 10, 2025, to address a pivotal agreement that has been nearly a year in the making. The atmosphere was charged with anticipation as council members prepared to vote on a new contract with the Fraternal Order of Police Lodge Number 86, representing the town's police officers.

The agreement, which spans from January 1, 2025, to December 31, 2026, includes significant pay increases for the police force. Officers will receive a 7% raise in 2025, followed by a 4% increase in 2026. Additionally, the pay for sergeants and lieutenants will see a slight bump to $18,000 in 2026. This decision underscores the council's commitment to supporting local law enforcement, a sentiment echoed by council members who expressed their appreciation for the police department's role in maintaining community safety.

During the meeting, council members acknowledged the challenges faced during negotiations, particularly in light of financial constraints and the need for fiscal responsibility. One member noted the importance of reaching a compromise that, while not perfect for either side, ultimately serves the best interests of the town. "When both sides are unhappy, then you get the best deal," they remarked, highlighting the delicate balance of budgetary considerations and fair compensation for public safety officials.

The council's discussions also touched on the broader implications of community safety and the quality of local schools, which residents often cite as key reasons for living in Speedway. The council members emphasized that a strong police force is essential for ensuring a safe environment, which in turn supports the community's overall well-being.

As the meeting progressed, the council moved to a vote, and the agreement was approved unanimously, signaling a collective commitment to the town's safety and the welfare of its police officers. The effective date for the new pay structure is set for March 15, 2025, with the first paychecks reflecting the new rates to be issued on March 28.

Looking ahead, the council is also working on finalizing a tentative agreement with the local fire department, with hopes to present it in a special meeting scheduled for April 1. This continued focus on public safety reflects the council's dedication to fostering a secure and supportive community for all residents of Speedway.