Friday, August 24, 2007

Indy Broke

Indy Works is full of failure, and the Mayor knows it. This document clearly shows that they knew the police and fire merger would raise taxes, not lower them. This was nothing more than a power grab, simple as that.




Here's a large scan of the second document, dial up beware!

Quoted from the document from one of our viewers, cliff notes version. Thank you!

GENERAL/PROPERTY TAX EFFECTS:
We find that although the Works proposal shows property tax reductions from its implementation, no property tax reduction is anticipated. Also, we find the result of not providing property tax reductions would cause a $40.5 million tax shift out of the IPD and IFD areas onto the township areas outside IPD and IFD. Further, we find the graphs and table in the "Property Tax Benefit Section" in Works to not be representative in base data or potential savings.

23 comments:

Anonymous said...

Can you rescan and rotate it so we can read it?

LEO Supporter said...

Ouch, how did THAT happen... LOL

Sorry.. aye yi yi.. Whoops.. will do here in a second..

LEO Supporter said...

There you go, sorry about that.

Anonymous said...

I took a magnifying glass to the rescan and read it. So, Mayor Peterson knew, through the analysis of his own experts, way back in 2005, that Indy Works would increase costs--that base data was inaccurate.

I am telling people to come to the blogs whenever I can make an opportunity. Many are afraid to read--afraid to know.

The Mayor has a lot to answer for but as long as mainstream media plays ostrich, so will they.

LEO Supporter said...

Yes, he knew, they all did only the LEO's out there will tell the truth about it. We'll work harder on the font issue, let me try something with real quick..

If this doesn't outrage people, I don't know what will.

There's a LOT more to come..

varangianguard said...

What dpi are you using to scan these text images?

LEO Supporter said...

More than one person is working on this, I'll ask.. I took it in Adobe and increased the size, but the font blows up.

I'll report back.. or one of the moles can answer..

Anonymous said...

Here's the entire text of the paragraph you have marked with an arrow:

GENERAL/PROPERTY TAX EFFECTS:
We find that although the Works proposal shows property tax reductions from its implementation, no property tax reduction is anticipated. Also, we find the result of not providing property tax reductions would cause a $40.5 million tax shift out of the IPD and IFD areas onto the township areas outside IPD and IFD. Further, we find the graphs and table in the "Property Tax Benefit Section" in Works to not be representative in base data or potential savings.

Anonymous said...

Unf*cking believable! Thanks, Bart for raising my taxes and screwing the city.

Anonymous said...

I looked up the firm that did the study and found them on the site for "INDIANA ASSOCIATED CITIES & TOWNS".

Their listing says:
Reedy & Peters, LLC
PO Box 542
Greenwood, IN 46142

Phone: (317) 535-9244
Fax: (317) 535-4912

Tania Bigelow, taniabigelow@aol.com
Denise Reedy, sdreedy@comcast.net
We provide professional services in the area of local government and budgeting, revenue verification, excess property tax levy appeals, financial planning, debt financing, utility rates, TIF, annexation, tax abatements and other related activities.

Looks like they are the local experts on this stuff. We should be talking to this firm at the very least to find out what they know.

It warns that implementation would deplete $30 million of cash balances in 18 months...which is the approximate time line that the assessments were mailed.

It looks like this is probably a legit study.

Anonymous said...

Check out this link from Senator Young:
http://www.in.gov/S35/11-16-05.htm

It is a November 16th Press Release (just one week after the Reedy & Peterson analysis)

It says:
Young also reviewed the 40-page report issued by Reedy & Peters.

The report can be accessed at http://www.in.gov/legislative/interim/committee/prelim/MCCC01.pdf

“The mayor challenged us to find where his numbers were wrong,” Young said. “And we have.”

(The link to the entire 40 page report issued by the CPA's is not active.)

LEO Supporter said...

(The link to the entire 40 page report issued by the CPA's is not active.)

How convenient, guess "someone" wouldn't want THAT information to get out.

The scanner I am told is only 300 DPI, best we can do, for now.

Brian said...

Folks, go to this site and you can read FINAL REPORT
OF THE
MARION COUNTY CONSOLIDATION
STUDY COMMISSION.

http://www.in.gov/legislative/interim/committee/2005/committees/reports/MCCC8B1.pdf

It talks about Reedy and Peters' findings. Scroll to around page 20 and read from there.

Brian said...

Or, just do a search on reedy and peters, llc. First link that came up led me to the report.

Anonymous said...

I didn't find it where you said it was. Do you mind posting the executive summary of the final findings?

Brian said...

http://www.in.gov/legislative/interim/committee/2005
/committees/reports/MCCC8B1.pdf

If this link doesn't get you there, do a yahoo search and type in Reedy and Peters, llc. First link that is listed is the one you want.
After reading this report, I am more pissed off than when I received my property tax bill.

When the commission says in its report, "The Commission finds the "Indianapolis Works" plan introduced by Mayor Peterson contained numerous and alarming mistakes that altered the actual picture of the efficiency, effectiveness, and finances of the assessors' office."

I don't know about you, but that is very troubling to me. What else are they altering? And that is not the only thing troubling in there. Go there and read it. If you have never read it before, you won't believe it.

I guarantee you, that not many citizens of Indianapolis have read this. If they had, they would have been marching long before the property taxes hit the mailbox.

Basically, Bart is assuming that Joe public is stupid enough to believe whatever comes out of his mouth. And Joe public has for almost 8 years. But hopefully, the winds of change are blowing in Indianapolis.

LEO Supporter said...

"Basically, Bart is assuming that Joe public is stupid enough to believe whatever comes out of his mouth. And Joe public has for almost 8 years. But hopefully, the winds of change are blowing in Indianapolis."

Spread the word, it's up to us to get something done about it. WE are all WE have.

Brian said...

If anyone has read the report, I'd like to know what you thought. Please post your thoughts after you read it.

Brian

Anonymous said...

Wow...it's hard to believe this crap has been going on right under our noses.

Peterson is raping and pillaging the city of Indianapolis, isn't he?

Somebody needs to do some digging into the number of contracts given to minority businesses over other businesses. I bet when people dig they will find that it wasn't only the library board that gave "juicy" contracts to MBEs.

Ever since the Star did that story on the library debacle, I just knew something was up with minority business contracts because of how they act on the CCC.

I heard the other day that Monroe Gray had a piece of heavy equipment repossessed from a no-bid concrete job his bankrupt concrete company was performing at the airport.

LEO Supporter said...

Read into that document a little more and you will see they also showed where money from CONsolidation would raise property taxes by 40 million, on the surrounding townships.

This is why this site is here, to expose these things.

Page 20 on is pretty pathetic, funny how you can take 30 million our of Center Township and then heap that burdon on the other townships.. I could go on, if you haven't read this, you need to.

Anonymous said...

Almost forgot for all you sleuths looking for the corruption...try looking into IndyGo's ADVERTISING revenue and see who's really getting the advertising $$$$$. It sure won't be IndyGo, because they don't have advertising rights on their buses. WOW, something is fishy here. Fat CATs getting FATTER.

Molebert said...

And, Ron Gibson heads the CC comittee on IndyGo...The drunk is driving the bus...Tell us more.

Holey Moley said...

Brian,

I've read it. Bart and the CCC stink on ice. They prove that their dog wont hunt.

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