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Stephanie Wiechmann
As part of the greatest hits nature of every state of the city address. Muncie Mayor Dan Ridenour tallies wins beginning with his first year in office in 2020. This year, as in past years, he focused on housing. Right now, our said with apartment complexes, townhomes, infill housing and a new Storer Woods subdivisio, the city has put in 489 new housing units with hundreds more planned.

00;00;21;27 - 00;00;27;17
Stephanie Wiechmann
He says selling city owned lots which aren't taxable to those who pay taxes, is good for the city budget.

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Dan Ridenour
Now developers own those. They're paying taxes, and that helps our general fund, which makes the city council happy, but also makes me happy. And it should make all of you happy because that's additional tax base, not increasing taxes.

00;00;44;15 - 00;01;06;15
Stephanie Wiechmann
What Ridenour’s speech did not mention is the potential for Muncie, along with all other cities and counties, to lose significant amounts of property tax revenue as a tax relief plan is negotiated at the state House under governor Mike Braun's original plan, Muncie would lose $2.4 million in the first year, with more each year. After a significantly smaller relief plan was passed by the Senate and is being discussed by the House.

00;01;06;18 - 00;01;20;19
Stephanie Wiechmann
But Braun has said that version isn't broad enough. When asked at Monday's City council meeting how Muncie would weather those losses, Ridenour said he and the council would all have to get together to figure out the best method. In Muncie. Stephanie Wiechmann, IPR news.