State tax collections continue to trail projections
State tax collections fell below projections in September for the third straight month but remain ahead of revenue for the same period last year.
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Highway interests seek silos for state transportation funds
As Indiana charts a path out of its transportation-funding shortfalls, highway-building interests are moving to cordon off their share of future revenue.
Domestic violence activist, state disagree on deal
An advocate for victims of domestic violence said her group reached agreement Thursday with Indiana officials over funding for the private agencies serving them, but a state official denied there was a deal.
S&P report: Stagnant incomes threaten Indiana revenues
Sales tax is Indiana’s largest source of revenue. But it is tied to consumer spending, and Americans have become increasingly reluctant to spend as median incomes have remained virtually stagnant over the past 30 years.
Legislators to reconsider aid for struggling casinos
Indiana legislators were lukewarm to assistance for casinos in 2013, but two years of declining revenue and new leadership on the issue could change their minds.
State tax collections fall just below projections
The state brought in a total of $1.04 billion in July general fund revenue, a decrease of 0.5 percent from the December 2013 state revenue forecast.
Pence: State to pay special-needs adoption subsidies
The move comes just two months after a LaPorte woman filed a lawsuit, saying the state owed her subsidies.
State eases into rollout of software in tax fix
The Indiana Department of Revenue is five to seven years from replacing the 1990s software that processes the bulk of the state’s tax dollars and that auditors cited in the wake of massive accounting errors.
Pence: Austerity steps needed despite big reserves
The governor's administration has told state agencies to hold back 4.5 percent of their funding for the current fiscal year despite the state's $2 billion in reserves.
State to scope downtown block for new offices, parking
The Office of Management and Budget will study a state-owned parcel just north of the Statehouse, potentially to house the judiciary and provide more legislative office space.
Lottery commission OKs new multistate Monopoly game
Under its aggressive sales strategy for the next fiscal year, the Hoosier Lottery’s operator will add games including Monopoly Millionaires’ Club and Bingo To Go.
Legislative studies often precede tough action
Indiana lawmakers have only a few more days this week before they wrap up the 2014 legislative session. But that doesn't mean they're totally done for the year.
Panel gives Pence half of his $400M road-funding request
The reduction, led by Senate Appropriations Chairman Luke Kenley, was a partial blow to one of the governor's key legislative goals.
State wants early access to long-term transportation fund
The Indiana Department of Transportation asked the state Senate Appropriations Committee to approve the release of $400 million saved in a special trust fund created last year.
Pence pushes preschool funding amid cost concerns
Under the House Republican plan, families earning less than 185 percent of the federal poverty level in five selected counties would get state aid to send their children to public, private or religious preschools that meet certain education standards.
Plan to cut business-equipment tax draws debate
Indiana House lawmakers took up a Senate proposal to cut business taxes on Monday, as fiscal leaders continued working behind the scenes to craft a compromise package of cuts this legislative session.
Bitter winter hitting Indiana’s revenue stream
Nearly every state revenue category failed to hit its January target, including sales taxes and personal income taxes — Indiana's two largest revenue sources.
State revamps its revenue forecasting after big miss
Growing ranks of dropout workers have nagged the economy throughout its recovery, and now Indiana’s budget forecasters feel they can’t ignore the trend. They recently revised their outlook on state revenue downward, partly because so many Hoosiers stopped looking for jobs.
New state law might idle school bus fleets
A state law intended to make sure cash-strapped public school districts pay their debt could have an unintended consequence: permanently parking the yellow buses that deliver students to class.
Senate bill seeks to cut corporate income and property taxes
The proposal from Republican leaders would make small companies exempt from tax on business equipment, and cleave the state’s corporate income tax to the second-lowest in the nation.