[{"_1":2,"_98":-5,"_99":-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",[32,74,86],{"_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",6454207,"mediaKeyId","5861657-4f3d2d7c16207043afce383152b93ec3","parentId",5861657,"title","Committee sends several budget and policy proposals to full council; voice votes recorded on four items","audioSeconds",0,"startMs",2630000,"endMs","viewUrl","/Search/View?dp=1&key=5861657-4f3d2d7c16207043afce383152b93ec3&start=2630&end=2630","thumbnailUrl","https://assets.pipeline.soar.com/5861657-4f3d2d7c16207043afce383152b93ec3/thumbnail_2630000.jpg","articleUrl","/articles/6454207/Indianapolis-City/Marion-County/Indiana/Committee-sends-several-budget-and-policy-proposals-to-full-council-voice-votes-recorded-on-four-items","mediaUrl","https://secure.pipeline.soar.com/6454207-6a3659247c0f3d32999c02c916db0330/orig.mp4?Expires=1771157720&Signature=P~EVCXYZgOLKQoMhzCxuw-VUn4TQV~JSG19BKQavkahYahdcKcRrtkaDW2ZtuMAYGAOp22hBdK4~xdzrin-ASShyOpOvZJMFfTdodvBU0Z5zmV3ZonUhN0rWiMzsCZYmvZtn6oBr44WWrShXbiRS-rdn~5cnKHZIyIjbJtMNloDkst2DggcczudSHaDcwuSyYb61rwh2oxbzScV1kvHZVO2~63nWRr7Z9aglFgklQethXUY7Mfay8dlom-pWiTFib8EOlhhcFJidthDkse4vAsQQP7WAyWw-oZqGCo6Ni4vonXSIgpYf1nEqqb3rPvp7VmQqZktXnsJEk1v-IFB2Vw__&Key-Pair-Id=KUT5TJCACFTXG","author","City Council of Indianapolis, IN","date","2025-09-30T00:00:00Z","article","The Administration Finance Committee completed votes on multiple agenda items and moved them to the full council with \"do pass\" recommendations. The committee used voice votes; the transcript records no individual roll-call tallies.

Key outcomes recorded in committee minutes/transcript:

- Proposal 2‑59: Committee moved to send Proposal 2‑59 to the full council with a do‑pass recommendation. The transcript records a voice vote with \"aye\" and no opposing voices recorded.

- Proposal 2‑73 (as amended): The committee adopted an amendment and moved Proposal 2‑73 as amended to the full council with a do‑pass recommendation (see separate article for details on HOME‑ARP reallocation, Streets to Home Indy funding, DPW design and strip‑patching increases, and $750,000 for TAP).

- Proposal 2‑75: Jake McVay (OFM) presented Proposal 2‑75, which implements the Marion County local income tax reallocation for fiscal year 2026 required by Indiana code. With no questions recorded in committee, members voted to send Proposal 2‑75 to the full council with a do‑pass recommendation via voice vote.

- Proposal 2‑87: Councilor Michael P. Hart introduced a resolution urging AES to withdraw a pending rate petition and urging the Indiana Utility Regulatory Commission and the governor not to approve a proposed rate increase. A representative from Citizens Action Coalition addressed the committee in support. The committee voted to send Proposal 2‑87 to the full council with a do‑pass recommendation (voice vote; no opposing voices recorded on the transcript).

Where the transcript recorded only voice votes, no roll‑call tallies are available in the record and the committee did not record named yes/no votes. The motions and outcomes below reflect what the transcript records.","mediaType","Video","parentTitle","City Council of Indianapolis, IN - Administration & Finance Committee","oneSentenceSummary","The Administration Finance Committee voted to send multiple proposals to the full council with \"do pass\" recommendations, including budget items and a resolution urging the IURC and AES not to approve a utility rate increase.","taxTitle","Indianapolis City, Marion County, Indiana","taxId",3627,"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},6454212,"Committee advances fiscal amendment reallocating HOME‑ARP funds to Streets to Home Indy, adds road design and tenant‑advocacy funding",1442,1102000,2544000,"/Search/View?dp=1&key=5861657-4f3d2d7c16207043afce383152b93ec3&start=1102&end=2544","https://assets.pipeline.soar.com/5861657-4f3d2d7c16207043afce383152b93ec3/thumbnail_1102000.jpg","/articles/6454212/Indianapolis-City/Marion-County/Indiana/Committee-advances-fiscal-amendment-reallocating-HOMEARP-funds-to-Streets-to-Home-Indy-adds-road-design-and-tenantadvocacy-funding","https://secure.pipeline.soar.com/6454212-391f83d6033c211e7fddee31b6c9d296/orig.mp4?Expires=1771157720&Signature=T~eIzyiFJqVxRAhvfyVRwbYB2Dn6lfee8fLstP0jPwqw4QkekrJ17PIVIt2amhee96AA3OT67SvzPHTZjISGuf~Ba3sewqGiYjAg8TBUG-oN9s8kI81HSWsooP5H~mwh0TzsaZn1RtkSQqMbqOdDf~ZSCk4VrQZFokcc0tcwevJyhKaS-wVXOXxY3X~YddUAEgq6D0fe6p0zfLdXCpcOhXmDL9U3zbmePQ8nzyH3HigB7fuj2GQDKIU2toHztK9OotGjHUskkplxiqwA4F4hkxg0lGllC68Mt1WFvSxfXlp5MF4oaL8ILgPNTA73E2XtoiKm-OkCX9X7-ek~npATUA__&Key-Pair-Id=KUT5TJCACFTXG","The Administration Finance Committee voted to send Proposal 2-73, a fiscal amendment, to the full council with a \"do pass\" recommendation after adopting an amendment that reallocates previously awarded HOME‑ARP funds and adjusts local capital priorities.

Controller Abby Hanson said the amendment leverages a HUD-approved reallocation of $5,900,000 in HOME‑ARP funds that had originally been designated for a permanent supportive housing project that will not proceed. The reallocation, approved by HUD on Sept. 15, allowed the city to redirect those dollars to Streets to Home Indy initiatives and other priorities without reducing earlier commitments.

Hanson described the local fiscal changes: $10,000,000 was set aside to begin design of projects so they will be ready when the city receives $100,000,000 in road funding in 2027. The amendment increases design funding by $2,000,000 to a total of $12,000,000; adds $2,000,000 for strip patching; and provides $1,000,000 for pedestrian and traffic safety initiatives. Combined with HUD funding, Streets to Home Indy funding totals approximately $10,200,000 (controller noted HUD funding itself is not part of the appropriation the council is considering and that DMD can program it without an additional appropriation). The amendment also allocates $750,000 to the Tenant Advocacy Project (TAP) run through the Office of Public Health and Safety (OPHS).

Councilors debated and asked for program details. Todd Wilson, director of the Department of Public Works, said the strip‑patching selections rely on a weighted formula using PCI (pavement condition index) data, traffic measurements, pothole reports and Citizen Action Center service requests, and estimated that $16,000,000 could yield about 200 lane miles of strip patching in 2026. On how projects were prioritized for 2027–29, Wilson said those segments are part of the DPW capital improvement program and include resurfacing, complete‑streets improvements and signal work.

Councilors asked about tenant‑assistance funding and philanthropic support for TAP. Abby Hanson said OPHS originally expected additional philanthropic support that did not materialize, which led to the $750,000 request to preserve the program's current scale. When asked to name philanthropic partners no longer supporting the work, Hanson said she could not name them on the record. Andrew Merkley, OPHS director, declined to publicly list partners but offered to provide a private list and meet with councilors.

Councilor Nielsen moved the amendment and, following a voice vote with no opposing voices recorded on the transcript, the committee approved the amendment and then approved sending Proposal 2‑73 as amended to the full council with a \"do pass\" recommendation.

Committee members asked staff to provide additional program metrics and a report on TAP performance; OPHS agreed to circulate its report to the committee.","The Administration Finance Committee voted to send Proposal 2-73 as amended to the full council; the amendment reallocates HOME‑ARP dollars to Streets to Home Indy, increases design and strip‑patching funds for DPW and allocates $750,000 to the tenant advocacy project (TAP).",{"_33":87,"_35":36,"_37":38,"_39":88,"_41":89,"_43":90,"_45":91,"_46":92,"_48":93,"_50":94,"_52":95,"_54":55,"_56":57,"_58":96,"_60":61,"_62":63,"_64":97,"_66":67,"_68":69,"_70":67,"_71":72,"_73":72},6454216,"Indianapolis Bond Bank outlines planned financings for Indigo, Old City Hall, stormwater and airport projects",434,239000,673000,"/Search/View?dp=1&key=5861657-4f3d2d7c16207043afce383152b93ec3&start=239&end=673","https://assets.pipeline.soar.com/5861657-4f3d2d7c16207043afce383152b93ec3/thumbnail_239000.jpg","/articles/6454216/Indianapolis-City/Marion-County/Indiana/Indianapolis-Bond-Bank-outlines-planned-financings-for-Indigo-Old-City-Hall-stormwater-and-airport-projects","https://secure.pipeline.soar.com/6454216-9b9c92ab6ace28a204fbe6a6e1ed8bb9/orig.mp4?Expires=1771157720&Signature=FeBl~pM6ZR06jM-MIQ2SuEimDv183WL7pFQxamQYaAccmuRBDQcteNGrt31c7vD-Yb2YEaIEuolTrZfA~HxjZy2qzOofmpJPQlKYdIkkL-5RuBkdm7YFEUVwQu5nzTrsWsN0s9mVqdD4FRsvwm1xnw6~fuDVdwwnovo0mDPaov9vsiIzZ9Ao1vPTBLYDN6U5TSCMlmOzL2TWzSiVc7LdVJFkcaqv1DdO7aOdwCcOfB3a2uJANyTToJunKW4zYhRatUSaPFdFrouP~gESMBKmBQvTjb3y9hNXX4alnftSKzRjWvyojI24hzsJKJ1-uv5jSuKpRCaeSDHSqD0xqneLuQ__&Key-Pair-Id=KUT5TJCACFTXG","Joe Glass, executive director and general counsel of the Indianapolis Bond Bank, told the Administration Finance Committee that the Bond Bank coordinates debt issuance and management for local government entities in Marion County and is not presenting a budget for approval.

The Bond Bank, Glass said, acts as a centralized debt manager for qualified entities including the city of Indianapolis, the Marion County Building Authority, Health and Hospital Corporation, the Capital Improvement Board, IndyGo and the Indianapolis Airport Authority. \"We convene subject matter experts in one agency, reduce the duplication of work and administrative burdens on our qualified entities, and centralize the debt management process,\" Glass said.

Glass said the Bond Bank completed five major financings this year, including $125,000,000 for the IndyGo Blue Line project. Ongoing and planned financings include a large airport capital project (including an on-site hotel and a new baggage system), a refunding of Health and Hospital Corporation debt (expected to be issued by year-end), general obligation debt approved by the council for a new storm siren system, snow plows and a new fire station (expected to be issued by year-end), and financing to rehab Old City Hall as part of a TWG development. On Old City Hall, Glass said: \"We will use the proceeds of the bond issuance to make a loan to the developer. The developer will in turn use that loan to make improvements to Old City Hall. We will retain ownership of Old City Hall until that loan is paid off, which we expect to be in 10 years.\"

Glass said the Bond Bank anticipates issuing $40,000,000 for the Metropolitan Third Fire District (streets, sidewalks and roads) and $50,000,000 in stormwater bonds next year, in addition to further airport authority debt for a new baggage system.

On credit ratings, Glass explained that separate security sources and issuers have distinct ratings. He listed the four major rating agencies—Moody's, S&P, Fitch and Kroll—and said the city has received recent affirmations: Kroll and Fitch affirmed the city's AAA rating; stormwater was affirmed AAA by Kroll in September; some metro bonds were rated AAA and TIF bonds were rated AA stable by Fitch and S&P last year. Glass said the council's work is \"critical in maintaining our credit ratings,\" citing the city's eight consecutive balanced budgets, fund balance policy and DPW capital plans.

During committee questions, a member asked whether any bonds are retiring and whether there is a total outstanding; Glass said he did not have that figure offhand but could provide it. A member also asked for more detail about the Old City Hall structure and ownership, prompting Glass's explanation that the Bond Bank will retain ownership until the developer repays the loan.

A member of the public, Eddie Yaeger, spoke during the public-comment period and said he had reviewed assessments on the East Side. \"I studied 27 properties. Of those 27 properties, not a single one of those properties had an increase from 2022 to 2025,\" he said, and later, \"2839 South Pasadena Street. I've lived there for 7 years. In the 7 years, my property is gonna have 64%. What you're talking about is this burden that's being put on homeowners.\" Yaeger said commercial properties did not see similar assessment increases and urged the council to review assessment practices.

No formal committee action or vote was recorded on the Bond Bank presentation during this meeting.","The Indianapolis Bond Bank briefed the Administration Finance Committee on recent and planned debt issuances, its role in coordinating local government debt, and recent credit-rating affirmations; a public commenter raised concerns about declining local property assessments.","actionData","errors"]

Article not found

Committee sends several budget and policy proposals to full council; voice votes recorded on four items

Committee advances fiscal amendment reallocating HOME‑ARP funds to Streets to Home Indy, adds road design and tenant‑advocacy funding

Indianapolis Bond Bank outlines planned financings for Indigo, Old City Hall, stormwater and airport projects