Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

A proposed 2015 budget for the city of Anderson includes more than $2 million for economic development efforts. Our partners at The Herald Bulletin report the spending plan also calls for an across-the-board salary increase for employees. Controller Jason Fenwick says the proposed 1 percent raise includes elected officials, but many have said they do not want it.

One of the big challenges the central Indiana city faces is the amount of revenue it receives from Hoosier Park Casino.

The revenues have been down the previous 18 months.

Fenwick says the casino and horse track paid the city $250,000 a month in 2011; this year, the monthly average is $220,000.

City officials held the first of two hearings for the budget Monday.

Source: The Herald Bulletin

Story Continues Below

Get the best of Indiana business news. ONLY $1/week Subscribe Now

One Subscription, Unlimited Access to IBJ and Inside INdiana Business Subscribe Now

One Subscription, Unlimited Access to IBJ and Inside INdiana Business Upgrade Now

One Subscription, Unlmited Access to IBJ and Inside INdiana Business Upgrade Now

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In