I have written about this in the past – the fact that state law essentially shafts the City of Fishers on the County Option Income Tax (COIT) money passed-out by the state to local governments.
Lindsey Erdody has a front-page story in this week’s Indianapolis Business Journal (IBJ) and does a deep dive into the way Indiana has set up a system that rewarded Carmel for having more debt than Fishers when the COIT checks are cut.
I would encourage anyone concerned about the funding of local Indiana government, particularly Fishers, to read this story. You can read her piece at this link. (NOTE: If you are not an IBJ subscriber you may be limited in the number of IBJ online stories you can access)