Howard County has hired attorneys to help collect the $24 million the county says Chrysler owes in taxes. The legal help has already cost the cash-strapped county hundreds of thousands of dollars. But county officials feel they’re taking a worthwhile gamble chasing the property taxes, even if it means a duel with the carmaker in legal spending.
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Tax collections are down this year in Howard County due in large part to Chrysler's bankruptcy. Although Chrysler's real estate taxes are considered secured debt, the $12 million Chrysler owes in personal property tax is not.
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The City of Kokomo's budget could be crippled if it does not include almost $6 million in property tax revenue which would have been paid by Chrysler before the automaker went into bankruptcy proceedings.
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As Chrysler emerges from bankruptcy, the troubled automaker has to decide which contracts it will honor - and which ones it won’t. As a result, the fate of two contracts with Columbus-based diesel engine manufacturer Cummins hang in the balance. WFIU’s Daniel Robison has more.
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WTIU's Teresa Bradtke investigates Jeep brand discontinuation in Jasper. The Company hopes brand consolidation will promote a stronger network of dealers.
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With the shutdown of Cummins’ Midrange Engine Plant in Columbus earlier this week, company officials can only guess when production will be up and running again. WFIU’s Daniel Robison has more…
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As he waits for word of resolution on agreements between Fiat and Chrysler and between General Motors and parts manufacturer Delphi, Kokomo Mayor Greg Goodnight says he's trying to find a silver -- or perhaps chrome -- lining to a 14.6% unemployment rate in his city.
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Forbes Magazine recently named Kokomo as the third fastest dying city in the country due to the strong presence of Chrysler plants in the area. And Kokomo’s been named by others as the most Big Three-dependant city in the country.
Kokomo Mayor Greg Goodnight says those dubious distinctions don’t hold much water.
“It’s funny that every [...]
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Former union boss and current Kokomo mayor Greg Goodnight says he's telling his union contacts to be ready to give ground on salary and benefit demands in order to stem possible job losses as four Chrysler prepare to shut down for a month.
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WFIU HD1 
Tuesday, September 1, 2009
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