The Administration and Finance Committee of the Indianapolis-Marion County City-County Council met on September 22, 2026, at 10:30 a.m. in Room 221 of the City-County Building. Chair Frank Mascari presided. The committee considered the appointment of Janai Downs to the Equal Opportunity Advisory Board, received a presentation on the Indianapolis Bond Bank's operations and financial outlook, and adopted the administration and finance portion of the 2027 annual budget.
Indianapolis Bond Bank Budget Hearing: Joe Glass, Executive Director and General Counsel, presented the Bond Bank's role as a separate body politic that issues and manages debt for the city and other qualified entities (Marion County Building Authority, Health and Hospital Corporation, Capital Improvement Board, Indigo, and Indianapolis Airport Authority). He highlighted a streamlined process that consolidates debt management, subject matter expertise, and relationships with underwriters and credit rating agencies.
Proposal No. 264, 2026: Adoption of the 2027 Annual Budget (Administration and Finance portion only). Chair Mascari asked if any department heads had major changes; none were indicated. Councilor Lewis asked the Controller if any changes since the initial presentation; the Controller answered no. The committee then voted to adopt the budget with a due pass recommendation. Motion passed unanimously.
Note: The meeting adjourned without further business.
Good evening. Like to uh start the admin finance committee meeting. Uh starting my left of introductions. Thank you, Mr. Chair. Derrick Cahill, District 23. Thank you, Mr. Chair. Brian Mallory, District 25. Uh thank you, Mr. Chair, John Barth, representing Council District 7. Do I write? Good evening, Chairman Miss Gary. Krista Wells, District 11, West. Thank you, Mr. Chair. We night Allen, District 15, the Far East Side. Thank you, Mr. Chair Dan Boots, District 3, Washington Lawrence Townships. Thank you, Chairman Andy Nielsen, District 14 on the East Side. Good evening, Maggie Lewis, District 5. Good evening, Frank Mascarry, District 19. I think we have a short meeting here. First up is proposal 277 appoints Janine Downs to the Aqua Opportunity Advisory Board. Is she here? You you have the floor, my lady. Have a seat there. Welcome. We appreciate your appreciating wanting to serve. Tell us a little bit about yourself. Yes, I've been an Indianapolis resident Marion County since 1998. I moved here from Gary, Indiana, and I have loved every minute of being in Indianapolis. And one of the major passions that I have is around diversity. I'm a certified diversity executive. I've served actually on this board before, the Equal Opportunity Advisory Board, before the pandemic, and enjoyed just the opportunity to serve my city. Any questions from counselors? Seeing none. Anyone from public who can speak on this? Seeing none. Second. Moved and seconded. All those in favor say aye. Aye. We approved. Thank you. Thank you. Hope you find a good parking spot. Up next is the budget hearing for Indianapolis Bond Bank. And um Mr. Glass, you have the floor.