Governor eyes cell tower leases to fund bicentennial projects
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.
State Budget
Articles
Pence pitches balanced budget amendment in address
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.
FEIGENBAUM: Expect more details of Pence agenda in coming days
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.
Governor eyes boost for charters, vouchers in budget
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.
Indiana lawmakers start 2015 budget-writing session
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 legislators eye school funding revamp
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.
Indiana revenue expectations down $129M for 2015
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.
Education budget draws scrutiny over costs for student testing
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.
FEIGENBAUM: Crush of big issues await General Assembly
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, Indiana to mediate welfare contract dispute
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.
State’s monthly revenue rises, but misses projections
Revenue figures for November released Friday show that Indiana’s general fund brought in slightly more than $1 billion in November.
House GOP wants to rewrite state school-funding formula
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.
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.
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.