[{"_1":2,"_86":-5,"_87":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,74],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":44,"_46":47,"_48":49,"_50":51,"_52":53,"_54":55,"_56":57,"_58":59,"_60":61,"_62":63,"_64":65,"_66":67,"_68":69,"_70":67,"_71":72,"_73":72},"mediaId",6159905,"mediaKeyId","5452343-cc25b0975a0e31ac7feb6cb4c2589685","parentId",5452343,"title","Baker Tilly: $5.2M ending cash balance; theater roof unknowns may trigger reappropriation or encumbrance","audioSeconds",0,"startMs",450230,"endMs","viewUrl","/Search/View?dp=1&key=5452343-cc25b0975a0e31ac7feb6cb4c2589685&start=450&end=450","thumbnailUrl","https://assets.pipeline.soar.com/5452343-cc25b0975a0e31ac7feb6cb4c2589685/thumbnail_450230.jpg","articleUrl","/articles/6159905/Vigo-County/Indiana/Baker-Tilly-52M-ending-cash-balance-theater-roof-unknowns-may-trigger-reappropriation-or-encumbrance","mediaUrl","https://secure.pipeline.soar.com/6159905-099ff6c2298cb9975b7aa9704aa9fef9/orig.mp4?Expires=1771161611&Signature=XRPj5ZRvifhkCr2VrbYxWHgYAHyu33g54mlXjAx9xolUFol--j-Cg6GXrJiVlR-81cJS-XkTSiIS6diIuY8Drc-3cLdhDyX2jtuvQK6FPLjUUjYlDYMcyA7YgfED~Z-jPQM7ZUs-tUsMPFDheSnVk2HzOYayBg3TkZQEfg4ElSoI7Fe9mZM9GcQ-A54XbeqU6FzXdjiBKGQJJFvlk8UVTwZ3B4T1~8uvo91i7OnAehvkI0UqOPN85Q1BSJhcOyUbTu1hUSKRnsxEJf2gbulbe9~LpdzzG6pXvgjk80X-SkLg9Kmn~4qetmNVxm2ucjo9RpcXjhjjoakNORM-auPSNw__&Key-Pair-Id=KUT5TJCACFTXG","author","Vigo County IN","date","2025-07-23T12:00:48Z","article","Kyle from Baker Tilly told the finance committee that the community investment board’s ending cash balance in June was just over $5,200,000, with roughly $4,700,000 available, and that the board received a $250,000 contribution from Citi in June. Kyle said the bond payment was made in July and that Baker Tilly prepared a month‑by‑month 2026 breakdown that uses Oakview’s budget in arrears and assumes a 10% inflation factor in many expense buckets and a 3% increase in insurance premiums.

Kyle said the committee left the fourth theater capital expense line at zero as a placeholder because the committee is awaiting a firm cost estimate for the Indiana Theater roof. \"The ending cash balance at the June is just over 5,200,000.0, and of that available, just over 4,700,000.0,\" Kyle said.

Committee members and staff discussed next steps for the roof. One committee member asked whether the board could \"encumber\" funds from the 2025 budget line (identified in the meeting as 03/9135) for a project that would execute in 2026, explaining that an invoice by October or November could allow the board to pledge 2025 funds to a 2026 project and thereby reduce 2026 appropriation needs. Kyle said he would stay in communication with staff and expected paperwork on encumbrances to move forward in the fall. Another participant observed that proposals and contractor estimates contain \"a ton of unknowns\" and that it might be spring before a final roof cost is known.

Committee members said they anticipated a reappropriation at some point for the theater once the roof cost is firm. Kyle said he would work with staff, especially Chris, to produce an updated number before Chris’s Aug. 6 meeting with the county council budget committee. The committee did not vote on any budget reappropriation or encumbrance during the finance committee meeting; members described these as planning and budget‑timing discussions requiring further documentation and formal action at later meetings.","mediaType","Video","parentTitle","Capital Improvement Board Finance Meeting - 7/23/25","oneSentenceSummary","Baker Tilly reported an ending June cash balance just over $5.2 million and an available balance of about $4.7 million; committee members said uncertainty over the Indiana Theater roof estimate could require a reappropriation and discussed encumbering 2025 funds if an invoice is available by October or November.","taxTitle","Vigo County, Indiana","taxId",4153,"location","headline","","shortSummary",{"_33":75,"_35":36,"_37":38,"_39":76,"_41":77,"_43":78,"_45":79,"_46":80,"_48":81,"_50":82,"_52":83,"_54":55,"_56":57,"_58":84,"_60":61,"_62":63,"_64":85,"_66":67,"_68":69,"_70":67,"_71":72,"_73":72},6159910,"Finance committee approves routine invoices, funds fencing behind Indiana Theater",114,201220,315740,"/Search/View?dp=1&key=5452343-cc25b0975a0e31ac7feb6cb4c2589685&start=201&end=315","https://assets.pipeline.soar.com/5452343-cc25b0975a0e31ac7feb6cb4c2589685/thumbnail_201220.jpg","/articles/6159910/Vigo-County/Indiana/Finance-committee-approves-routine-invoices-funds-fencing-behind-Indiana-Theater","https://secure.pipeline.soar.com/6159910-1f2393c0c3785986c718bd9533078073/orig.mp4?Expires=1771161611&Signature=W7q5xabsFR5OlFaDY6ZzOZmS3PZ5V~~11OrTnB0gEhoaTqw2XvaK6am5sIqXLX7pEyFPIBYXUOpomRXqARJv6xRPZzkOv6ercCqRQYRJT6kZvFWY8zIoJSD~t~6vWJv~RmljjQF9TKjWDvXW45kPrnDw~4fdzVKQsi1PCrj9NR5k9rS5H07nmtWLCmRBoLsPp3DF5m~ElhEysw~KWVsKqGc-8l6ZW9Rb6iDsVTWC0fWmAIh-OTNCUXy2qTzQ-DZU0v5riF70rdqw~NSIilJ2UlCcStnDiBN7dw~YsWNrm-6AttodZbvBYxNS14V1xYJZI6rfbI0YLtDSHBEOH0dCdQ__&Key-Pair-Id=KUT5TJCACFTXG","At its finance committee meeting, the committee approved the minutes from the prior finance committee meeting and voted to approve routine utility and vendor invoices, including a $1,800 payment to Guaranteed Fencing Company for fencing installed behind the Indiana Theater. The committee also confirmed existing authority for staff to pay time‑sensitive utility bills.

The chair of the committee read a list of invoices and amounts and asked for a motion to approve. The items called out included: $163.85 to Indiana American Water; $1,013.46 to Duke Energy; $28.21 to City of Terre Haute (sewage); $1,800 to Guaranteed Fencing Company for a fence at the Indiana Theater; $120.33 to CenterPoint Energy; and a second monthly $5,000 line for RJL Solutions. The committee approved the motion after a second and an unrecorded voice vote of “Aye.”

Committee members described the fence behind the theater as a protective measure for the building’s backside and said it has reduced daytime encampments, though two to three individuals still spend time outside the theater while awaiting court dates. The committee noted that staff members Chris and others have engaged with those individuals and that the fencing project was intended to limit property damage and nuisance.

The committee confirmed that Tammy and Commissioner Schweitzer retain authority to make time‑sensitive payments such as utilities. The committee also reviewed several smaller, multiple invoices submitted together: a claim totaling $1,306.64 that included several Duke Energy meter charges (one listed as $91.14) and other back‑of‑house energy meters for the theater.

Less critical details from the session included administrative signings: after the vote the chair signed invoices and passed them to committee members Tony and John for additional endorsements. No roll‑call vote or individual vote tallies were recorded in the finance committee transcript.

The committee adjourned the finance committee meeting after routine business and directed remaining audit items to be presented at the full CIB board meeting so the entire board would hear the audit presentation.","The finance committee approved prior minutes and routine utility and vendor invoices, including a $1,800 payment to Guaranteed Fencing Company for a fence at the Indiana Theater meant to reduce encampments; committee members authorized staff sign-off on certain routine payments.","actionData","errors"]

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Baker Tilly: $5.2M ending cash balance; theater roof unknowns may trigger reappropriation or encumbrance

Finance committee approves routine invoices, funds fencing behind Indiana Theater