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Indiana Bond Bank

Gary School Corp. to borrow nearly $29M

GARY | The Gary Community School Corp. will need to borrow $28,951,113 in tax anticipation warrants to keep schools afloat financially until property tax revenue is distributed in June and December.

April 19, 2013 8:07 pm

East Chicago taps Indiana Bond Bank to ensure funding for next year

EAST CHICAGO | The City Council on Monday offered preliminary approval for a line of credit to hedge against the possible late distribution of property taxes next year.

November 27, 2012 6:30 pm

Valpo survives low tax collections by underspending

VALPARAISO | Somehow the city was able to make more with less in 2011.

February 04, 2012 11:15 pm

Valpo OKs borrowing to pay 2012 bills

VALPARAISO | The city's $3.7 million rainy day fund isn't enough to pay to run the government until the first property taxes are received next year, so the city is planning to borrow to make ends meet.

December 12, 2011 8:45 pm
BRIAN HOWEY: Lugar bucks Mourdock's June swoon

BRIAN HOWEY: Lugar bucks Mourdock's June swoon

As U.S. Sen. Dick Lugar and Indiana Treasurer Richard Mourdock were making their 11th hour appeals prior to the June 30 Federal Election Commission report deadline, six people were arrested in Moldova trying to sell more than 1 kg of uranium-235 for $20 million. "Police have learned that the…

July 17, 2011 12:00 am
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