Money raised through public safety tax could pay off $6.4 million loan

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INDIANAPOLIS, Ind. - Mayor Greg Ballard recently announced the hiring of 115 new police officers in 2015, but even after those officers are hired, money will be left over.

City officials are trying to determine how to allocate those unused funds totaling $7.4 million. The money is being generated through the new public safety tax.

"Some folks have suggested that it should go back to the fiscal stability fund when dollars were taken from there to hire officers last year. We would just simply disagree with that," said Rick Snyder, President of FOP Lodge 86.

Snyder said he would like to see leftover money used to buy more police cars, improve the firearms training range, and invest in the police academy.

A spokesperson for Mayor Greg Ballard released the following statement:

"We remain committed to working with the Council to determine the best allocation for remaining Public Safety Tax revenue after funds are appropriated to meet IMPD’s 2015 staffing needs. One option for the remaining funds will be to pay back the $6.8 million loan from the Fiscal Stability Fund that was used to hire additional IMPD officers in 2014."

The city of Indianapolis is in the process of expanding its police force and hiring hundreds of new officers by 2018. An official with Department of Public Safety told FOX59 any money leftover, even after paying the loan, will go into the IMPD fund balance to pay for expenses tied to recruits in future years.

DPS Deputy Director Val Washington went on to say the department is still open to having conversations with council about how to appropriate the funds and those decisions could be made at a later date. She said paying off the loan and setting money aside is a sound business practice for the city.

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