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Gary council passes rollovers, tax-anticipation warrants and parks transfer; TIF presentation given
Summary
Council approved several finance measures 8–0, including an ordinance rolling over longstanding interfund loans (CPO-2025-71), a tax-anticipated warrant (CPO-2025-72), and a Parks & Recreation transfer amendment (CPO-2025-73); staff also presented TIF budget updates.
The Gary Common Council on Dec. 2 passed a package of finance ordinances by unanimous votes that the administration said will help manage cash flow and complete scheduled repayments.
Controller Salida Green explained CPO-2025-71, a rollover of temporary interfund loans that in some instances date to 2006 and are rolled forward as required by the state…
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