Last month, City-County Council Democrats proposed a plan to collect a payment in lieu of taxes, or PILOT, in an attempt to patch a $65 million budget shortfall. They argued the city doesn't receive taxes from the CIB despite city police providing services during big conventions. Democrats therefore wanted to use $15 million from the CIB to create a Police and Fire Recruiting Fund.
The CIB is agreeing with Ballard, arguing that the council didn't give them enough time to consider the payment. They also don't believe their assets were properly evaluated.
CIB President Ann Lathrop is expected to petition the Indiana State Board of Accounts for advice on the CIB's 2013 budget. The CIB that budget had already been submitted and a public hearing held before the City-County Council's PILOT plan was introduced.
The CIB oversees the Indiana Convention Center, Lucas Oil Stadium and Bankers Life Fieldhouse.
The council voted Thursday to overturn the mayor's veto but did not have enough votes.
