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Council introduces appropriation using Hamilton County innkeepers tax for arena bond repayment; public hearing set
Summary
Deputy financial officer Tom McDonald introduced an ordinance to appropriate Noblesville's share of Hamilton County innkeepers tax revenue (about $670,000 in 2025) to pay a portion of Innovation Mile arena bond repayment; the council set a public hearing for the next regular meeting by an 8–0 hand vote.
Deputy Financial Officer Tom McDonald told the Noblesville Common Council on Nov. 18 that an ordinance (44-11-25) would appropriate the city's dedicated share of Hamilton County innkeepers tax revenue to pay part of the bond repayment for the Innovation Mile arena.
McDonald said the county’s change in…
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