Indiana Gov. Mitch Daniels is proposing a new state budget that would cut higher education spending by 3 percent and eliminate optional Medicaid services for adults such as hearing aids, dental and chiropractic coverage and podiatry services.
Neighboring states are plotting to take advantage of what they consider a major economic blunder and lure business away from Illinois.
Indiana's budget director is meeting with lawmakers Thursday during the first House Ways and Means Committee meeting of this year's legislative session.
Indiana lawmakers are returning to the Statehouse Wednesday to begin the 2011 legislative session, which will be dominated by budget, education, redistricting and other issues.
The state reports it took in $137 million more last month than during December 2009, marking a 13 percent increase in revenue collections over last year.
The first ever "Fiscy Awards" will be presented this week to Indiana Gov. Mitch Daniels, Democratic Sen. Kent Conrad of North Dakota and Republican Rep. Paul Ryan of Wisconsin.
When lawmakers open their new session Wednesday, they won't have some of the advantages they had during the last budget-writing debate in 2009. This time around, there will be no $1 billion in federal stimulus money to keep the budget afloat.
The Office of Medicaid Policy and Planning has approved a series of emergency rules that it expects to save a total of $4.1 million over the next six months, but that will make up for only a small portion of the $31.4 million shortfall the agency anticipates for the fiscal year.
As reported in a front-page story in last week’s IBJ, the $250 million public deposit insurance fund has not been tapped in nearly 20 years.
Indiana businesses and the unemployed are both worried about changes that legislators could make to the state's insolvent unemployment insurance program during the upcoming General Assembly.
Elected officials—including Gov. Mitch Daniels—have started eyeing the little-known, $250 million public deposit insurance fund, or PDIF, as a potential way to plug budget gaps next year.
The state Medicaid actuary projected Indiana’s share of the program’s costs will rise by about $1.46 billion this fiscal year, by about $1.84 billion in the 2012 fiscal year and by about $2 billion in the 2013 fiscal year unless some services are cut.
With Republicans firmly in control of the Indiana General Assembly, businesses have a better chance of achieving some of their legislative objectives than they have for years.
Legislature will consider redistricting along with controversial education issues.
Scarce resources promise to vex lawmakers charged with writing a new budget when the Legislature convenes in January.
State lawmakers plan to propose reducing Indiana’s corporate income tax rate next year in a move they say will make the state a more appealing place for businesses to locate.
A new survey finds that only about one-quarter of Indiana residents support using public money to start more charter schools, which Gov. Mitch Daniels is pushing to do during the upcoming legislative session.
Indiana’s finances showed signs of life in November as growth in sales and individual income tax collections helped bring in $49 million more than projected in the most recent revenue forecast.
Secretary Michael Gargano of the Indiana Family and Social Services Administration asked the State Budget Committee this week to raise the funding for local welfare offices by 58 percent for the fiscal year that begins next July 1—and more for the following year.
Indiana lawmakers will swim rough political waters next year when deciding whether to spend millions more on overcrowded prisons or reducing prison sentences and being seen as soft on crime.
