During the Aug. 18 Carmel City Council meeting, Jeff McDermott, the president/CEO of the Allied Solutions Center for the Performing Arts, gave a presentation on the venue’s importance to the city.

The subtext of the presentation was the impact Senate Bill 1 might have on the city budget and the Allied Solutions Center, which was built for $180 million in 2011 and has been a city-supported institution ever since.

Senate Bill 1 was signed into law by Gov. Mike Braun in April. The local government finance bill will lower property taxes through tax credits and by limiting how much communities can raise through property taxes.

The Center gets approximately 21 percent of its $10 million annual budget from the city via management fees, McDermott said.

In a Sept. 3 interview with Current, McDe

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