Friday, October 26, 2012

Mayor announces line-item veto of budget

Posted By on Fri, Oct 26, 2012 at 11:00 AM

Mayor Greg Ballard and City Controller Jeff Spalding at a 2011 budget meeting. - REBECCA TOWNSEND
  • Rebecca Townsend
  • Mayor Greg Ballard and City Controller Jeff Spalding at a 2011 budget meeting.

The NUVO news desk received the following press release on the morning of Oct. 26:

Mayor Ballard Announces Line-Item Veto of 2013 City-County Budget City-County Council Majority Walks Away from Multiple Compromise Offers, Forcing Cuts

INDIANAPOLIS - Indianapolis Mayor Greg Ballard today announced his line-item veto of the 2013 budget adopted by the City-County Council.

"The budget passed by the Council majority leaves a $35 million deficit by the end of next year and next to nothing in the City's savings account to pay for it," said Mayor Ballard. "We tried on multiple occasions to reach a compromise with the Council majority; however, they've decided to just spend money we don't have and not address the City's long-term financial needs. I will not support that."

To address the estimated $35 million deficit for 2014, Mayor Ballard is vetoing these provisions from the 2013 budget:

Allocation of $31,767,652 in County Option Income Tax (COIT) to the County General Fund

This action will prompt the State Department of Local Government Finance (DLGF) to reduce County General Fund spending to match available revenues.

The non-allocated funds will be held by the Marion County Treasurer until such a time as it is allocated by the City-County Council with Mayor Ballard's approval.

Character 3 budget of the City-County Council ($652,654)

This fund covers outside vendor contracts, which includes $100,000 the Council majority requested for re-redistricting.

Creation of the Police and Fire Recruiting Fund.

This fund does not contain any funding nor was any directed to it in the budget. Mayor Ballard also is sending an "Official Communication from the Mayor" to the Council reiterating the City's position that the PILOT on the Capital Improvement Board (CIB) does not conform to state law and that he will not approve any allocation of funds from this illegal Council action.


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