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Furthermore …

Today’s a day to think pink

Fort Wayne is in the pink today, thanks to the Vera Bradley Foundation’s annual reminder of its ongoing efforts to end breast cancer.

Today is “Turn the Town Pink” day, with colorful ribbons decorating Headwaters Park, One Summit Square and more. The event kicks off a series of fundraising events, including the 20th anniversary celebration of the foundation’s annual golf tournament.

Since it was established in 1998, the Vera Bradley Foundation for Breast Cancer has raised nearly $17 million to support research – an achievement that is worthy of recognizing.

Economic development openness

Some welcome light will shine on deals between Indiana economic development officials and private companies as a result of legislation signed this week by Gov. Mike Pence.

The bill came in the wake of news of the Indiana Economic Development Corporation’s poor record in delivering on jobs promised. Senate Enrolled Act 162 requires the IEDC to compile information on performance goals, jobs created, expected jobs, recaptured incentives and tax credits claimed. It’s also intended to give taxpayers easier access to contracts and negotiated terms between the quasi-public IEDC and the companies that receive state assistance.

The legislation establishes an online transparency portal, where tax credits, grants and loans can be tracked by city or county. The portal isn’t particularly accessible, however. From the IEDC homepage at www.iedc.in.gov, click on “About the IEDC” and find the link at the bottom of a scroll-down menu.

The new tool is only effective if it’s used, however. Taxpayers can help ensure the state’s money is invested wisely by monitoring the site to see that job numbers reflect what’s really happening with an employer who received state assistance.

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