"Indianapolis is facing the worst financial crisis the city has faced in modern times. Mayor Peterson's long-term solution will ask the city's taxpayers to pay for the financial mistakes of his administration's and his predecessors. The big elephant in the room, which the Star's Brendan O'Shaughnessy dares to speak about in his story today about Mayor Peterson's latest proposal to spend an extra $10.5 million to fight crime, is the unfunded liability for police and firefighter's pensions. And it's a whopper--$400 million. That's almost half of the city's entire annual budget. Tucked away in O'Shaughnessy's story is this little tidbit:"
Thursday, September 7, 2006
Advance Indiana: Is Indianapolis Teetering On Bankruptcy?
Advance Indiana: Is Indianapolis Teetering On Bankruptcy?:
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Sale of 26 Marsh stores approved by bankruptcy court, remaining 18 stores to close
From Fox59 On Tuesday, FOX59 learned two companies won the bidding war: Topvalco and Generative Growth II. Topvalco is a Kroger subsidiary...
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