Civic leaders invest in facilities without making clear the costs and benefits to taxpayers. The state can oversee these investments and require adequate disclosure.
Filed under: Political economy, public finance, public policy | Tagged: bonds, capital investments, Carmel, CIB, Conseco Fieldhouse, convention center, disclosure, externalities, facilities, Indiana government, Indianapolis Airport, Lucas Oil Stadium, Monon Center, operating funds, Performing Arts Center, public finance, public goods | Leave a Comment »
