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Regional planning council reports $25 million returned to region, ReadyOne spending at 72%
Summary
North Central Indiana Regional Planning Council officials told Clinton County commissioners that the council has secured nearly $25 million in grant awards over 10 years, reported a $14-plus return on investment and said ReadyOne spending is about 72%; ReadyTwo funding is delayed pending state review.
Steven Grama, a representative of the North Central Indiana Regional Planning Council, told the Clinton County Board of Commissioners on March 4 that the council has brought nearly $25 million in grant awards to the six-county region over the past 10 years and has delivered a reported return on investment of about $14.50 for every dollar contributed by cities and counties.
Grama said the council tracked roughly 50 projects in its first decade and reported a per-capita return of $11 and a per-capita contribution of 77 cents. "ReadyOne was a $30,000,000 grant award to the North Central Indiana Regional Planning Council," Grama said, noting that the region identified about 22 projects to receive ReadyOne funds and has expended about 72 percent of the ReadyOne allocation.
The ReadyOne program is a state economic-development grant. Grama said the council ranks among the top five ReadyOne regions in the state for performance and expenditure. He said ReadyTwo — a separate $35 million award the state announced — is being delayed while the Indiana Economic Development Corporation (IEDC) reviews expenditures and onboarding under a new administration. "We're gonna see a slight delay in ReadyTwo funding," Grama said.
Why it matters: the council said its grant work supports local projects across six counties and that ReadyOne/ReadyTwo drawdowns affect project timelines and local planning. Grama framed the ReadyTwo delay as an administrative matter at the IEDC rather than a change to projects already approved at the regional level.
The council provided commissioners with a dashboard showing grant award distribution by county, project counts and spending. Commissioners asked whether the pie chart represented contributions or awards; Grama clarified that it showed grant awards, not county contributions.
Grama answered questions from the commissioners and concluded by inviting further questions about specific projects in Clinton County.
Closing note: Grama said more updates on ReadyTwo would follow as the IEDC finalizes its procedures under the new administration.
