Sustainability
INCOME EXPENSE IQ
What is Income/Expense IQ?Income/Expense IQ provides you with nationwide, real-time property benchmarks—giving you actionable insights to identify opportunities and optimize financial performance. Download benchmarks in one, five, ten, or all metro areas to pinpoint opportunities to enable you to operate more efficiently and drive value for your owners and tenants. |
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Submissions for 2024 are Open! Enter Data and Get a Free Benchmark
INDIANAPOLIS BENCHMARKING ORDINANCE
The Indianapolis Benchmarking Ordinance was approved by the City County Council on July 12, 2021. Read the entire proposal here: CITY-COUNTY GENERAL ORDINANCE NO. 25, 2021 / Proposal No. 185, 2021
Most questions can be answered by reading the above ordinance language. This ordinance is for buildings located in Marion County, Indiana. Here are a few key components:
SCHEDULE
All city properties >25K SF and non-city properties >50K SF should be submitting their data as of 2024. Scores for covered city properties will be shared. Data transparency for all covered properties will be published in 2026.
BUILDING TYPE EXEMPTIONS
- Single family, duplex, triplex and fourplex residential homes and related accessory structures, or any other residential building with less than four (4) units
- Properties classified as industrial per the designated Standard Industrial Classifications (SIC) codes 20 through 39:
- These are typically manufacturing properties engaged in the mechanical or chemical transformation of material or substances into new products. These are usually described as plants, factories, or mills and characteristically use power driven machines and materials handling equipment.