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Global Recession Brings PERF Opportunities and Cost Cutting
While economists look for signs of an end to the global recession, the Public Employees’ Retirement Fund (PERF) has found attractive opportunities despite difficult market conditions. A case in point is a well-timed trip to Hong Kong in September that resulted in a new private equity secondary investment already valued at $7 million more than when purchased. The trip not only illustrates the opportunities available in today’s market, but underscores the power of face-to-face contact in finding and evaluating investment opportunities that directly benefit the PERF investment portfolio.
Last Updated ( Friday, 25 September 2009 )
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Small Town, Big Spending?
DURING these uncertain times we’ve yet to hear a phrase with the resonance of Franklin Roosevelt’s “The only thing we have to fear is fear itself,” but there are a couple of minor-chord expressions that should have staying power.

One is the observation of Rahm Emanuel, the White House chief of staff, that “you never want a serious crisis to go to waste.” Another comes from my boss, Jeff Immelt, the chief executive of General Electric, who has warned, “This is not a cycle; it’s a reset.”

Taken together, these remarks challenge us to go beyond trying to quickly fix the immediate problems of toxic mortgages, risky banks, a struggling American car industry and escalating health care costs. If the American people are tuned into the need to change the irresponsible, inefficient practices and systems that created those problems, why not enlist them to take the next step and radically change the antiquated public structures that exist beyond the Beltway?
Last Updated ( Sunday, 17 May 2009 )
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In Remembrance

We lost several township officials (past and present) last year.  We certainly appreciate and recognize their many contributions to township government:


    * Gerald Gilles - Shelby/Shelby - Trustee and Past ITA President
    * Charles Bowers - Washington/Ripley - Trustee
    * Lillian Wallpe - Laughery/Ripley - Clerk
    * Jack Spears - Mount Pleasant - Board Member
    * Suzanne Nicholson - Board Member
    * Bos Wise - High/Grant - Board Member
    * Ron Kincaid - Delaware/Hamilton - Board Member
    * Patricia Clark - Cedar Creek/Allen - Trustee
    * Raymond Henry - Pleasant/Allen - Board Member, former trustee
    * Kenneth Fark - Cass/Dubois - Trustee
    * Clyde Randall - Washington/Dearborn - Trustee

    * Joe L. Beard -  Patoka/Gibson - Board Member

    * Ron Hakes - Jefferson/Allen - Trustee

    * John Curley - Winfield/Lake - Trustee

Last Updated ( Thursday, 29 October 2009 )
 
Community Work Experience Program - IMPACT

IMPACT stands for Indiana Manpower Placement and Comprehensive Training. It is the employment and training section of the Indiana Family and Social Services Administration, Division of Family Resources. The goal of IMPACT is to help people on public assistance achieve self-sufficiency.


IMPACT operates the Community Work Experience Program (CWEP). Thi8s program places IMPACT clients into unpaid job positions. The participant gains work experience and employment skills.


Township Trustees may act as the Employer...

 

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Protect Your Pockets: Managing Your Finances after a Job Loss

In the last few months, unemployment rates across the country have spiked. Here in Indiana, we’ve seen numbers as high as 18 percent in some counties.


While I believe Indiana’s recovery will be strong and lasting thanks to our healthy work ethic and innovative spirit, the current reality is that with many employers responding to the economic downturn, layoffs are often out of an employee’s control. While losing one’s job can be both emotionally and financially draining, there are steps dislocated workers can take to help keep their finances on track during their time of unemployment.

Last Updated ( Friday, 15 May 2009 )
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"Hoosiers for Democracy" Rallies Prove Successful

Right to the very end of session, trustees were eager to hold rallies in order to educate the public and motivate others to get involved in the destiny of local government in Indiana.


The public and the press were invited to the rallies along with elected officials and volunteeer firefighters from across each county.

Last Updated ( Friday, 15 May 2009 )
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2009 Session Wrap-Up

ImageThe 2009 Session of the Indiana General Assembly came to a close on April 29th - sort of. With the conclusion of the regular session, we are pleased to report that none of the Kernan-Shepard proposals to consolidate local government units, including the proposal to eliminate township government, were successful this year.

Last Updated ( Friday, 25 September 2009 )
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REPORT: Government Consolidation in Indiana, Separating Rhetoric from Reality

Indiana Township Association releases report: “Government Consolidation in Indiana: Separating Rhetoric from Reality”

 

A new report commissioned by the Indiana Township Association raises doubts about expected savings from government consolidation and dispels many of the claims made by the Commission on Local Government Reform (the Kernan-Shepard Commission) and its supporters. 

 

The ITA study, prepared by Wendell Cox of Demographia, states that a primary flaw in the Commission’s report is that the focus was on the means of consolidating government and not on the objective of improving government efficiency.

Last Updated ( Friday, 15 May 2009 )
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