E-REP STAFF STRUGGLED TO ANSWER QUESTIONS CONCERNING DETAILS OF THE 2023 FINANCIAL AUDIT
E-REP STAFF STRUGGLED TO ANSWER QUESTIONS CONCERNING DETAILS OF THE 2023 FINANCIAL AUDIT
BY Jay Young
AUGUST 15, 2024
Evansville Regional Economic Partnership staff struggled this week to answer questions from a county commissioner and attorney concerning details in an audit provided to the county.
EREP staff provided information about efforts to attract new residents and its riverfront redevelopment plan at the regular Vanderburgh County Commissioners meeting. After the presentation, Commissioner Cheryl Musgrave asked about attracting new jobs.
“One of the key reasons why the commission contracts with EREP is to recruit new business and support existing business, of course, but my question is has any business located in the county in the last 12 months?”
E-Rep Economic Development Director Patrick Hickey responded, “Twelve months, not that I’m aware”
Musgrave also inquired about the public’s access to E=REP meetings. The three staff members present looked behind them to Chief Economic Development Officer Josh Armstrong, who was sitting in the audience.
Armstrong stood and said, “E-REP meetings are not open to the public.”
Though it receives hundreds of thousands of taxpayers’ dollars and helps allocate millions in state money, E-REP is a private corporation that is not subject to disclosure laws like a government agency.
Armstrong remained silent as County Commission attorney David Jones inquired about a recent audit provided to the country as a condition of the funding it provides EREP. His line of questioning concerned ownership of the property at 420 Main Street, where E-REP spearheads a mixed-use development using millions of state and City of Evansville dollars.
Jones asked about the nature of the investment.
Program manager Colten Pipenger responded: “I am not 100 percent positive on the official terminology from a financial standpoint, I’ll have our finance team get back to you but EREP through the Downtown Evansville Community Development Corporation played a part in the Fifth and Main redevelopment.
LINK OF THE FULL MEETING BETWEEN MEMBERS OF THE VANDERBURGH COUNTY COMMISSION AMD E-REP OFFICIALS ARE POSTED BELOW
Linke to the full meeting <embed width=”640px” height=”360px” frameborder=”0″ allowfullscreen=”true” src=”//evansville.granicus.com/player/clip/6722?fbclid=IwY2xjawEqSAlleHRuA2FlbQIxMAABHWrGfoc3EE14UfBDYkzPWyMSZaQjrfOUKSF2YAEkUSO_jK8FCVvzOtZIJQ_aem_cKRQIv1bHQs1QJy- FJb01w&entrytime=967&stoptime=4491&autostart=0&embed=1″></embed>
LINK OF THE 2023 E-REP FINANCIAL AUDIT IS POSTED BELOW
The Erosion of Purchasing Power in the United States:
The Erosion of Purchasing Power in the United States: A Detailed Analysis from January 2021 to August 2024
BY JOE J WALLACE
AUGUST 15, 2024
Introduction
Since January 2021, the United States has witnessed a significant shift in purchasing power due to the combined effects of inflation and wage growth. Using 100 as a base year, this article explores the monthly changes in purchasing power by examining the ratio of inflation to wage increases over this period. The resulting analysis reveals a troubling trend where wages have struggled to keep pace with rising prices, leading to a decline in real income and purchasing power for many Americans.
Analysis
1. 2021: The Early Impact of Inflation
The year 2021 saw a rapid rise in inflation as the economy rebounded from the pandemic-induced slowdown. While wages did increase during this period, they did not keep pace with the surging cost of living. This is reflected in the purchasing power index, which began to decline as early as March 2021. By the end of 2021, the index had dropped to 96, indicating a 4% decline in purchasing power relative to the base year.
2. 2022: Wages Struggle to Catch Up
In 2022, inflation continued to rise, albeit at a slower pace. Wages also grew, but the increases were uneven across different sectors. The purchasing power index fluctuated throughout the year, reflecting periods where wage growth temporarily outpaced inflation. However, by December 2022, the index stood at 93, signaling a cumulative 7% decline in purchasing power since January 2021.
3. 2023: Inflation Moderation and Stagnant Wages
The year 2023 brought some relief as inflation rates began to moderate. However, wage growth also slowed, leading to a further erosion of purchasing power. By mid-2023, the purchasing power index had fallen to 91, with many Americans feeling the pinch as their paychecks stretched less far than they had in previous years.
4. 2024: The Continued Decline
As of August 2024, the purchasing power index has reached 89, marking an 11% decline from the base year. Despite efforts to curb inflation and increase wages, the cumulative effect of the past three years has left many workers struggling to maintain their standard of living.
Graph: The Decline in Purchasing Power (January 2021 – August 2024)
The graph above in this article illustrates the steady decline in purchasing power from January 2021 to August 2024. The graph uses 100 as the base value, with each month’s index calculated using the formula outlined above. The stark downward trend highlights the persistent challenge of balancing wage growth with inflation. Today the average American has a purchasing power that is 11% lower than it was when President Biden took the oath of office.
Conclusion
The analysis of purchasing power in the United States from January 2021 to August 2024 reveals a concerning trend. While wages have increased, they have not kept pace with the rising cost of living, leading to a significant decline in purchasing power. Policymakers and businesses must address this issue to ensure that American workers can maintain their standard of living in the face of ongoing economic challenges.
This article underscores the importance of monitoring both inflation and wage growth as critical factors in the economic well-being of households across the country. As the nation looks ahead, addressing the gap between wages and inflation will be key to restoring purchasing power and ensuring economic stability for all Americans.
FOOTNOTE: This article was published by the City-County Observer without, opinion, bias, or editing.
Woman Fabricates Sexual Assault Incident in City Park: Warrant Issued for Her Arrest
Woman Fabricates Sexual Assault Incident in City Park: Warrant Issued for Her Arrest
AUGUST 15, 2024
During the early morning of July 11th dispatch received a call that a female, identified as Megan N. Cooper (34), was sexually assaulted, and was bound inside her vehicle located in Wesselman Park. Once officers responded to the scene, they requested an Adult Investigations Detective and a Sexual Violence
Detective. The crime scene was processed, and Cooper was transported to St. Vincent Hospital to have a sexual assault kit completed. At the time, the investigation appeared to be factual. The SV Detective spoke with a friend of Coopers’ that morning who stated a few days prior, he located Cooper tied up in Wesselman Park to a tree. At both times, the same friend was contacted to help locate/rescue Cooper; she did not want the police to be called for the first incident.
On July 12th
, Cooper was interviewed at Holly’s House. During that interview, she stated what occurred leading up to being located by EPD officers. Cooper also stated that similar incidents, like the July 11th incident, have occurred to her recently. Cooper described the encounters in detail, the materials that were used to bind her during these assaults and the pills and inhalants she was instructed to take during these encounters.
The SV Detective applied for a search warrant for Cooper’s vehicle and cell phone. There were several pieces of information to show that Cooper was being dishonest about her statement. Cooper was also told that there was a possibility that DNA from the suspect could be extracted from her vehicle; Cooper indicated that she didn’t want DNA testing to be done. Business cameras recorded Cooper purchasing, or stealing, the items and materials that she was found to be bound in. Once this information was obtained, detectives also learned that Cooper has been listed as a victim in numerous kidnapping and sexual assault reports across the state of Kentucky; a suspect has never been identified in those cases and Cooper’s statements are vastly similar to the one she gave regarding the incident on July 11th. On July 18th, the SV Detective spoke to Cooper about the Evansville Police Department discrepancies in her statement.
On July 24th, Cooper called the Detective back to issue a new statement: she lied about the events that occurred on July 11
For a large portion of July, Officers, Crime Scene Detectives, Adult Investigative Detectives, Sexual Violence Detectives, outside agencies, and organizations have exerted unremitting time into this investigation that Cooper fabricated. When we investigate crimes, we lean on victim statements, witness statements and evidence to build a case that provides answers and closure for the victim. We never want to discredit a victim’s statement of any crime. Unfortunately, in this case, the victim of Sexual Assault and Kidnapping became the offender of Obstruction of Justice (Level 6 Felony) and False Informing (B Misdemeanor). Our SV Detectives are to be commended for the work they put into this case to apprehend what they initially believed to be a suspect who harmed someone in the early morning hours in a city park. Their tireless work and investigation has led to a warrant being issued for Megan N. Cooper.
103 historic farm families presented Hoosier Homestead Awards
103 historic farm families presented Hoosier Homestead Awards
AUGUST 15, 2024
INDIANAPOLIS (Aug. 15, 2024) — Recognized for their families’ longstanding commitment to agriculture, 103 Indiana farm families were presented the Hoosier Homestead Award at the Indiana State Fair from Indiana State Department of Agriculture Director Don Lamb.
“The Hoosier Homestead ceremony at the Indiana State Fair is a prestigious event for all involved,” said Lt. Gov. Crouch, Indiana’s Secretary of Agriculture and Rural Development. “It is a true honor to celebrate these families for their work and commitment to bettering Indiana agriculture.”
To be named a Hoosier Homestead, farms must be owned by the same family for more than 100 consecutive years, and consist of 20 acres or more, or produce more than $1,000 in agricultural products per year.
Based on the age of the farm, families are eligible for three different distinctions of the Hoosier Homestead Award. They can receive the Centennial Award for 100 years, Sesquicentennial Award for 150 years or Bicentennial Award for 200 years of ownership.
“Keeping a farm operational for 100 years or more is something these families can take great pride in,” Lamb said. “Each of the awarded family farms continues to adapt and evolve through each new generation on the farm to ensure their success.”
Since the program’s inception in 1976, nearly 6,200 families have received the award. Often, a Hoosier Homestead farm is easily recognized because most recipients proudly display their awarded sign on their property.
During the ceremonies, six Indiana farms received the Bicentennial Award for 200 years of continuous ownership: the Thornburg-Caldwell-Slack family from Fayette County, the Hodges family from Morgan County, the Bridges-Royer family from Putnam County, the Dale & Donna Hartwell and Ricky W. Hartwell family from Rush County, the Bass-Rhodes family from Shelby County and the James W. Holmes, Jeffrey W. Holmes, Jason M. Davidson family from Tippecanoe County.
The following list includes the August 2024 Hoosier Homestead Award recipients.
County | Award Name | Award Year | Award Type |
Adams | Bohnke | 1897 | Centennial |
Adams | Girod | 1906 | Centennial |
Adams | Kent L. Steiner | 1890 | Centennial |
Allen | Dafforn | 1874 | Sesquicentennial |
Bartholomew | Schroer | 1886 | Centennial |
Benton | Pitts | 1880 | Centennial |
Benton | Pitts | 1911 | Centennial |
Blackford | Schwarzkopf | 1872 | Sesquicentennial |
Blackford | Albert LeRoy Stallsmith | 1904 | Centennial |
Carroll | Boyer-Garrigues | 1923 | Centennial |
Carroll | George & Lois Wallace | 1914 | Centennial |
Cass | Geroge E. Ferguson | 1858 | Sesquicentennial |
Cass | VerBryck | 1895 | Centennial |
Clay | Hofmann (Modesitt) | 1881 | Centennial |
Clay | Hofmann (Unger) | 1865 | Centennial & Sesquicentennial |
Clinton | Dean Walker | 1846 | Centennial & Sesquicentennial |
Daviess | David L. Brown | 1896 | Centennial |
Daviess | Joseph L. Disser | 1919 | Centennial |
Daviess | Fuhrman | 1918 | Centennial |
Dearborn | Murtaugh | 1855 | Sesquicentennial |
Decatur | Manlief | 1873 | Sesquicentennial |
Decatur | Charles & Mary Torline | 1874 | Centennial & Sesquicentennial |
Delaware | Abshire | 1864 | Centennial & Sesquicentennial |
Delaware | C Clifford Green | 1874 | Sesquicentennial |
Dubois | Bartelt-Peters | 1913 | Centennial |
Dubois | Bockting | 1839 | Centennial & Sesquicentennial |
Dubois | Meyer | 1920 | Centennial |
Fayette | Thornburg-Caldwell-Slack | 1824 | Sesquicentennial & Bicentennial |
Franklin | Kuntz | 1916 | Centennial |
Franklin | Miles Homestead Farms LLc | 1874 | Sesquicentennial |
Franklin | Wessel | 1858 | Centennial & Sesquicentennial |
Fulton | Applegate-Crippen-Rock | 1911 | Centennial |
Fulton | Heater | 1874 | Sesquicentennial |
Fulton | Shewman | 1918 | Centennial |
Grant | Grindle | 1852 | Centennial & Sesquicentennial |
Greene | Roudebush | 1918 | Centennial |
Hamilton | Honnold-Muir | 1902 | Centennial |
Henry | Kirklin | 1874 | Centennial & Sesquicentennial |
Howard | Duncan Farm Legacy LLC | 1864 | Centennial & Sesquicentennial |
Howard | J & B Family Farms LLC (53 acre) | 1899 | Centennial |
Howard | J & B Family Farms LLC (80 acre) | 1849 | Centennial & Sesquicentennial |
Huntington | Philip Shafer | 1923 | Centennial |
Jackson | Bell-Alwes-Mellencamp | 1918 | Centennial |
Jackson | Claycamp | 1869 | Centennial & Sesquicentennial |
Jackson | Shoemaker | 1924 | Centennial |
Jasper | Gilmore-Brandenburg | 1895 | Centennial |
Jasper | Wilma Jean Lehe | 1922 | Centennial |
Jasper | Walter | 1873 | Centennial & Sesquicentennial |
Knox | Borgmeier | 1904 | Centennial |
Kosciusko | Messmore-Werstler | 1923 | Centennial |
Kosciusko | Shock | 1866 | Centennial & Sesquicentennial |
LaGrange | Koon-Barroquillo | 1918 | Centennial |
Madison | Haines-Wood | 1854 | Centennial & Sesquicentennial |
Madison | Sears | 1924 | Centennial |
Madison | Thomas A. Tooley | 1913 | Centennial |
Marshall | Stuntz / Bollenbacher | 1869 | Centennial & Sesquicentennial |
Miami | Berglan | 1874 | Sesquicentennial |
Miami | Peter Fisher-John H. Balsbaugh-Raymond E. Mussleman | 1837 | Centennial & Sesquicentennial |
Miami | Gahs | 1874 | Sesquicentennial |
Miami | Patricia Hardwick & Shirley Kerns | 1855 | Sesquicentennial |
Miami | Kranz | 1874 | Sesquicentennial |
Miami | Shewman | 1869 | Centennial & Sesquicentennial |
Montgomery | Cowan | 1834 | Sesquicentennial |
Morgan | Harmon & Nancy Crone | 1836 | Sesquicentennial |
Morgan | Haase | 1905 | Centennial |
Morgan | Hodges (1840) | 1840 | Sesquicentennial |
Morgan | Hodges (1822) | 1822 | Bicentennial |
Newton | Romine | 1874 | Sesquicentennial |
Noble | Harvey and Simon | 1862 | Centennial & Sesquicentennial |
Noble | Zimmerman | 1919 | Centennial |
Posey | Papenmeier | 1923 | Centennial |
Pulaski | Bergdolt | 1899 | Centennial |
Pulaski | Heater | 1872 | Sesquicentennial |
Putnam | Bridges-Royer | 1823 | Bicentennial |
Ripley | Drockelman | 1860 | Sesquicentennial |
Ripley | Miller | 1910 | Centennial |
Ripley | Shorten-Volz-Miller | 1917 | Centennial |
Ripley | Smith | 1868 | Centennial & Sesquicentennial |
Ripley | Wilson | 1923 | Centennial |
Rush | Gray-Eakin | 1835 | Centennial & Sesquicentennial |
Rush | Dale & Donna Hartwell and Ricky W. Hartwell | 1821 | Sesquicentennial & Bicentennial |
Shelby | Bass-Rhodes | 1823 | Centennial & Sesquicentennial & Bicentennial |
Shelby | Kolkmeier | 1905 | Centennial |
Steuben | Libey | 1920 | Centennial |
Steuben | Levi Pocock | 1868 | Sesquicentennial |
St Joseph | Michalski | 1887 | Centennial |
Sullivan | Shields | 1894 | Centennial |
Tippecanoe | James W. Holmes, Jeffrey W. Holmes, Jason M. Davidson (Davidson) | 1824 | Bicentennial |
Tippecanoe | Inskeep-McDole; Gilbert-Dilley; Tishler-Diem | 1877 | Centennial |
Tipton | Meyncke | 1924 | Centennial |
Union | Greenmeadow Farm Inc-Caldwell | 1923 | Centennial |
Vanderburgh | Friedrich Schaefer | 1869 | Sesquicentennial |
Vigo | Chickadaunce | 1913 | Centennial |
Wabash | Daihl | 1873 | Centennial & Sesquicentennial |
Wabash | Kirtlan | 1924 | Centennial |
Wabash | Schuler | 1920 | Centennial |
Warren | George K Kerner | 1872 | Sesquicentennial |
Warrick | Zint | 1902 | Centennial |
Wayne | F. Park Ammerman | 1919 | Centennial |
Wells | Price | 1919 | Centennial |
White | Diemer | 1895 | Centennial |
White | George B. Kilmer | 1916 | Centennial |
White | Otto Vieregge | 1915 | Centennial |
For more information about the Hoosier Homestead Award program, please visit isda.in.gov. Photos from the ceremony are available here.
$3.7 Million Funding Available for Recycling and Waste Diversion Projects in Central Indiana
$3.7 Million Funding Available for Recycling and Waste Diversion Projects in Central Indiana
Virtual information session on Sept. 4
The deadline for Central Indiana businesses to submit proposals for up to $3.7 million in funding to implement Central Indiana Waste Diversion Program (CIWDP) projects is Oct. 1, 2024.
Funding for successful applicant projects is through the Indiana Department of Environmental Management’s (IDEM) Recycling Market Development Program. Eligible waste diversion and recycling projects are restricted to Marion, Hamilton, Hancock, Shelby, Johnson, Morgan, Hendricks, and Boone counties, and implemented by private sector entities. Proposed projects must demonstrate waste diversion from landfills and incinerators and a dedicated Indiana-based market for commercial use of the material.
Applications should demonstrate an understanding of the infrastructure, supply chain, and changing economy for recyclers and seek solutions where organizations and communities can most effectively use monies to increase waste diversion in Central Indiana. Funding criteria includes the amount and type of waste diverted from landfills through the project and the potential for productive reuse of the diverted waste, with priority given to the largest amount of waste diversion potential through the project.
The Recycling Market Development Board will make final funding determinations in early Spring 2025.
To apply, visit recycle.IN.gov. For additional information about the Recycling Market Development Program, call 800-988-7901.
IDEM will host an information session on Wednesday, Sept. 4, 2024, at 2:00 p.m. to discuss this funding opportunity. The webinar will provide a summary of the CIWDP, including timeline, requirements, and application guidance. Interested entities with potential waste diversion and recycling projects that focus on Central Indiana are invited to attend.
EPD Participating in “Cops on a Rooftop”
EPD Participating in “Cops on a Rooftop”
5/15/2024
This Friday, August 16, 2024, the Evansville Police Department and the Vanderburgh County Sheriff’s Office will be participating in the Special Olympics of Indiana’s, Dunkin Donuts “Cop on a Rooftop” event. At this event, Dunkin Donuts partners with local law enforcement and the Special Olympics of Indiana to raise money and awareness for the Special Olympics Torch Run and other Special Olympic events.
Several Evansville Police Officers and Vanderburgh County Sheriff’s Deputies will be on hand at the Dunkin Donuts location, at 848 S. Green River Rd., this Friday from 5:00 a.m. to 12:00 p.m. During this statewide fundraiser, hundreds of local law enforcement officers will stake out Dunkin’ rooftops all over the United States to heighten awareness and raise money for the Special Olympics.
Guests who donate to the Special Olympics will receive a free donut coupon. You can make that donation in the drive thru that morning either by cash or the Venmo app. Come see us Friday morning and help us raise more than other agencies participating in the state. We will have Special Olympian athletes with us that morning also. We hope to see you there!
HOT JOBS
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