House GOP budget plan calls for school spending boost
The planned school spending increase is more than double the $201 million hike that Republican Gov. Mike Pence proposed in January.
The planned school spending increase is more than double the $201 million hike that Republican Gov. Mike Pence proposed in January.
The proposal to extend a sales-tax exemption to equipment purchases by manufacturers was expected to cost Indiana as much as $240 million per year in tax revenue.
Indiana lawmakers are considering legislation that would eliminate $21 million in annual tax cuts for businesses and individuals, bolster a break for the working poor, and expand a sales tax exemption for businesses.
The Indiana Department of Correction presented a budget proposal to the House Ways and Means Committee on Monday that included about $50 million in additional funds to expand two of the state’s prisons.
Proposals aim to help boost Indiana's casinos after they've seen more big declines in revenue in the face of growing competition from neighboring states.
INDOT Commissioner Karl Browning said more money needs to be budgeted to prevent more of Indiana’s roads and bridges from falling into poor condition.
A fund for public transportation could be debated before the House Ways and Means Committee after Rep. Randy Truitt filed a bill that would provide about $20 million more per year than Gov. Mike Pence proposed.
Republican legislative leaders are backing Indiana Gov. Mike Pence's proposal to add a balanced budget amendment to the state constitution, even as details of how it would work are still being sorted out.
The state is looking to raise as much as $50 million from long-term cell tower leases in order to help finance Indiana’s 2016 bicentennial plans.
In his third State of the State address, Gov. Mike Pence called for a balanced budget amendment that he says will protect Indiana from a possible economic downturn and will show Hoosiers their tax dollars are being spent wisely.
The governor delivers his State of the State Address on Jan. 13. He will lay out his legislative agenda in greater detail than in December pronouncements that education would take precedence this session, in terms of both cash and policy.
Modest increases in overall education spending, more money for financial aid and small increases for state universities are highlights of the budget plan Gov. Mike Pence's administration is presenting Thursday to lawmakers.
The first major step on the new two-year state budget will come Thursday, when Republican Gov. Mike Pence's spending proposal will be presented to legislators.
Indiana lawmakers could face a prickly debate as they aim to tighten up funding differences between the state's school districts during the General Assembly session that starts Tuesday.
The forecast also calls for revenue to grow 4.1 percent and 4.7 percent the next two years. The forecast also projects gaming revenue to drop below 2003 levels in the next two years.
Superintendent of Public Instruction Glenda Ritz is seeking $20 million more for testing as part of her spending proposal, which calls for an overall 3 percent increase and free textbooks for all Indiana students.
Republican supermajorities in 2013 and 2014 left a lot of unfinished business on the table, and that—as well as changes in technology and public expectations—portends an extremely active 2015 General Assembly session.
IBM Corp. and the state of Indiana are turning to mediation in hopes of settling their dispute over IBM's failed attempt to privatize Indiana's welfare services.
Revenue figures for November released Friday show that Indiana’s general fund brought in slightly more than $1 billion in November.
Indiana House Republicans say they will work in 2015 to boost money for public schools and rewrite the formula that distributes those dollars to try to reduce the gap between the state’s highest and lowest funded districts.