
William J. Sheldrake
President
Bill Sheldrake, a recognized leader in economic analysis, state and regional economic development, and public finance, is the President and founder of Policy Analytics.
With more than 30 years of experience in economic policy analysis, research, and finance, Bill provides both analytical leadership and firm direction in the carrying out of Policy Analytics’ projects. Bill served for more than eight years as President and CEO of the Indiana Fiscal Policy Institute, a non-partisan, independent, governmental research organization. Under his leadership, the IFPI conducted research on human capital shortages in Indiana, examined public pension funds, and assisted in the development of Indiana tax restructuring legislation, among many other projects. Before serving with IFPI, Bill served as the Indiana State Budget Agency’s chief revenue forecaster, head of tax analysis, and Deputy Budget Director. In this role, Bill was responsible for forecasting elements of the Indiana economy, and analyzing all Indiana economic regions.
Bill has led a wide range of recent Policy Analytics projects, including: leading the analysis of the Chicago regional economy for the Northern Indiana Commuter Transportation District’s FTA New Starts application process, and the construction of a Comprehensive Strategic Development Plan for the Northwest Indiana Regional Development Authority. Bill is also a former member of the National Board of Trustees of the Governmental Research Association and member of the Governmental Accounting Standards Board Advisory Council. Bill earned a master’s degree with a public finance concentration from Purdue University.

David Reynolds
Senior Vice President
David began his public service career in 1991 as a Public Safety Budget Analyst for the Indiana State Budget Agency.
In 1996, he served as a Fiscal Analyst for the Indiana House of Representatives’Ways & Means Committee, and then in 2001 he was appointed as the Deputy Budget Director for the Indiana State Budget Agency. He served three Governors (O’Bannon, Kernan, and Daniels) in that capacity. In August of 2007, David was appointed by Governor Daniels to the position of Executive Director of the State Student Assistance Commission of Indiana.
David moved to local government in January of 2008 when he joined the Ballard Administration and served as the Indianapolis City Controller. In October of 2010, he returned to state government and served as the Executive Director of the Office of Senate Fiscal Policy.
David holds a bachelor’s degree from Indiana University-Purdue University Fort Wayne, and has completed graduate work at the Indiana University School of Public and Environmental Affairs. In July 2019, David joined Policy Analytics, LLC and is the Senior Vice President.

Jason O’Neill
Senior Consultant
Jason O’Neill is a Senior Consultant with Policy Analytics, LLC, an Indianapolis based firm specializing in economic and fiscal policy analysis.
Jason has 14 years of experience in helping clients evaluate complex policy choices and quantify the budgetary and economic implications of available options. His work centers on developing and using forecasting and simulation tools to inform the strategic direction of economic development, capital investment and local government finance. Jason has broad experience assisting clients in evaluating the fiscal implications of public policy decisions using accurate, quantitative methodologies.
He has been involved land use analysis, revenue forecasting and tax increment financing analysis within the City of Indianapolis since 2008, and has assisted clients throughout the state, including in Northwest Indiana, Fort Wayne, and the Southern Indiana/Louisville region.
Jason holds a Master’s in Business Administration, with a concentration on Finance, from the Indiana University Kelley School of Business.

Isaac Ray
Software Developer
Isaac Ray serves Policy Analytics’ clients as a software developer, focusing on data processing and model construction to facilitate Policy Analytics’ data-driven analysis.
Isaac has been involved in projects serving Policy Analytics clients in the areas of local government revenue analysis and forecasting, economic development planning, and economic impact analysis. Isaac earned a Bachelor’s degree in Computer Science from Purdue University

Addie Hanchett
Staff Consultant
Addie Hanchett joined Policy Analytics in 2017, focusing on serving clients through comprehensive economic research, fiscal analysis and the use of geographic information systems.
Addie has a strong quantitative background, assisting Policy Analytics in the development of statistical models and large-scale data analysis.
Addie graduated from Rose-Hulman in 2017 with a degree in Mathematics, concentrating in Applied, and a minor in Economics.