One conflict is nearly perfectly teed up: Starting Jan. 1, a two-month window opens on an option for the city to hike taxes on car rentals and sporting event tickets, including to Colts and Pacers games.
Those increases are allowed under a 2009 state bailout for the then-struggling Capital Improvement Board. They could raise an estimated $6.9 million a year to help the CIB maintain its more recent financial stability. The CIB, a semi-independent agency, operates the city's sports venues and convention center.
Ballard says he's considering seeking the twin tax increases.Murray is being conservative in his assessment It is almost a certainty Mayor Ballard will seek those tax increases. At the same time, he'll be lobbying for a long-term deal to commit the City to giving the Pacers hundreds of millions more of our tax dollars to run Bankers Life Fieldhouse, a publicly-owned facility from which the Pacers get 100% of the basketball and non-basketball revenue. It's a shame that this City can't expect fiscal conservatism from its Republican Mayor.