Indianapolis Mayor Greg Ballard won’t say whether he will veto the $1 billion budget passed by the City-County Council Monday night, but in an interview with Indy Politics he didn’t sound like he was going to sign off on it.
Facing a $65 million shortfall the Council took money from the city’s Rebuild Indy Fund and levied a PILOT against the Capital Improvement Board.
Ballard says these were short-term fixes that would not solve the city’s long-term problems and it will only make it more difficult for the city down the road.
Ballard would not say whether he would veto the spending plan or impound funds, however he did say all options were on the table.
You can hear his comments below. They run approximately 12 minutes. Council Democrats say the budget they passed was bi-partisan and protects taxpayers by keeping the homestead exemption credit.