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ANALYSIS: Indianapolis Mayor Greg Ballard has presented his 2013 Budget for the City of Indianapolis and Marion County to the City-County Council.  The  controversial budget includes recommendations to eliminate a property tax savings for middle and lower income homeowners that would become a full fledged property tax increase.  After recently jacking up the salaries of the people in his office, the Mayor’s 2013 budget would attempt to postpone scheduled raises for Indianapolis police officers and firefighters.  In his budget, the Mayor would eliminate a $65 million dollar deficit created because of lower income tax and property tax collections because of the recession by taking $10 million from the city’s cash reserves or “rainy day fund”; $20 million from cash savings in other city/county accounts and by draining $10 million in cash from the controversial Tax Increment Financing Districts (TIF) that divert property taxes from city/county government agencies. In past years after submitting their budget to the Council, Indianapolis Mayors have made their full budget recommendations public, including releasing detailed spreadsheets and comparisons to previous years’ spending.  However, the Ballard Administration has yet to publicly released that detailed budget data.  Instead, a superficial summary has been released which you can click and read below.

Superficial 2013 Indianapolis Budget Presentation Released By Mayor’s Office