Indiana's Year-End Roundup: Economic Growth, Legislative Shifts, and Community Resilience
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In government and politics, leaders outlined a compressed legislative session starting January 5, aiming to wrap by late February after a failed redistricting push, WFYL reports. Priorities include tweaks to property tax laws for relief amid local revenue shortfalls, health care alignments with federal changes like Medicaid work requirements, and utility bill reforms such as performance-based ratemaking and sales tax cuts. Governor Mike Braun emphasized cutting patient health costs in an Inside Indiana Business interview. A rosier revenue forecast boosts the state surplus toward $5 billion by mid-2027, easing Medicaid growth, per Indiana Public Radio.
Business and economy shine brightly. Incog BioPharma announced a $200 million expansion in Fishers, targeting nearly 1,000 jobs by 2030 in the life sciences sector, Inside Indiana Business details. RWE's 200 MW Prairie Creek solar project in Blackford County advances construction for 2028 operations under a power purchase deal with Indiana Michigan Power, supporting industrial growth and jobs. Noblesville reports $1.5 billion in private investment and 770 new jobs this year. A $75 million state-Lilly Endowment partnership bolsters K-12 education statewide.
Community news features Indianapolis Public Schools advancing ILEA recommendations on governance, transportation, and facilities to the legislature, seeking equity without disrupting 2026-27 schooling. Infrastructure progresses with Fort Wayne's riverfront mixed-use development underway and state funding over $1.2 million for local roads and bridges. No major recent weather events reported.
Looking Ahead: Watch the January 5 legislative session for property tax and health care bills, Incog's expansion groundbreaking, and Circle Centre Mall's $600 million revamp in Indianapolis.
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