Under a new law enacted in Indiana, city officials and school board members who don’t use proper accounting rules to fix their debt, face possible misdemeanor charges and loss of office. Continue reading →
Tag / Terre Haute
Terre Haute city council asks business leaders for help
Terre Haute city council is appearantly out of ideas in how to run their own government Continue reading →
Send Khalid Sheikh Mohammed to Indiana
In honor of Independence Day and the victims of 9/11, I offer up a request to make life of the man who is one of the most ruthless Islamic Jihadist killers known to earth severely uncomfortable and miserable.
City of Terre Haute Running Big Deficits
Back in May I posted about the City of Terre Haute being broke. It was more of a question due to the city having some troubles paying bills.
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Forbes Magazine Ranks Indiana State Among Top Colleges
Photo courtesy of http://www.nwitimes.com
Two widely followed annual lists of the top national and regional colleges are out and Indiana State University is once again included in both.
Forbes magazine has recognized Indiana State on its annual list of America’s Top Colleges for the fifth year in a row while Princeton Review’s list of Best Midwestern Colleges recognized Indiana State for the 12 straight year.
Only about 20 percent of the nation’s accredited colleges and universities make the Forbes list, which emphasizes the return students and parents receive from their investment in a college degree, while the Princeton Review bases its list largely on student surveys.
Read the rest here via Indiana State press release.
City of Terre Haute Broke?
The City of Terre Haute owes a lot of money on bills….a lot of money. Recent digging by the Tribune Star shows a rough financial picture.
As of Friday, the city owed $730,281 in bills that were more than 60 days overdue, according to information compiled by the city controller. Ellis says she monitors cash flow each day to determine which checks can be released for payment.
Some utilities, including Duke and Vectren, have sent disconnect notices to the city in recent months, records show. The city attributes some of those disconnect notices to mistakes. In the case of Vectren, a bill was misplaced, and for Duke Energy, checks for the right amount were sent — one was for $15,000 — but remittance forms were not correct, and so the checks were returned to the city. The matter was cleared up and those bills have been paid, Ellis said.
You can read the rest here via Indiana Economic Digest
Hoosier Econ 