Report: State must cut spending, hike taxes or both
Dwindling tax revenues will cause a projected $1.3 billion budget gap as the state enters its next budget, according a report released Thursday by the Indiana Fiscal Policy Institute.
State Budget
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Indiana’s August revenue jumps 8.4 percent from year ago
The state Budget Agency reported Friday that Indiana collected $938 million in August. That’s $51 million above the most recent forecast, but still $2 million less than projected in the budget lawmakers passed in early 2009.
Local government a top issue for Indiana Farm Bureau
The state's largest farm organization says it will strongly support efforts to retain township trustees and township advisory boards. Several legislative proposals in recent years have sought to shrink local government and eliminate or consolidate such positions.
New website pulls together state budget data
The state has a new transparency website that pulls together Indiana budget data, spending reports and other financial information
that had previously been spread across multiple sites.
Daniels says colleges should focus on efficiencies
Indiana Gov. Mitch Daniels says he doesn't want to see trustees of the state's public colleges and universities asking
for more money at the Statehouse.
Indiana governor seeks more federal stimulus money
Daniels has publicly railed against the newly approved $26 billion stimulus package, but his office said Friday that applications
had been submitted for about $200 million toward Medicaid and about $200 million for education.
Daniels says Indiana will seek new stimulus money
Despite criticizing the latest stimulus package, Indiana Gov. Mitch Daniels said he will ask the federal government to send
the state more than $435 million for schools and Medicaid.
Daniels: Schools likely will avoid more budget cuts
Indiana Gov. Mitch Daniels says the state's current assessment is that education funding will not have to be reduced further
after $300 million in cuts this year.
Indiana state revenue falls short of projections again
The State Budget Agency reported Wednesday that Indiana collected $917 million in July, $15 million below the most recent
revenue projections.
Indiana University considers extending pay freeze
Officials say most of the university's nearly 20,000 employees statewide didn't receive any pay increases last year.
Big budget cuts will make for bitter state politics
As Indiana’s reserves dwindle toward zero and federal stimulus money disappears, trying to keep political debate friendly
and the budget in the black will be quite a challenge. Half a year before they must craft the next state budget, Democrats
and Republicans already are squabbling.
State reserves down nearly half despite spending cuts
Indiana brought in $957 million less in revenue than it budgeted for fiscal year 2010, forcing it to use almost half its reserves,
Indiana State Auditor Tim Berry announced Friday morning.
Report: Indiana could save $450M on school insurance
A new report says health insurance for Indiana's public schools and universities could cost at least $450 million less annually if they joined the state's plan for public employees.
State closing vital records office on Mondays
Indiana's latest effort to cut spending will leave the state office that provides copies of birth and death certificates
open to the public only four days a week.
Indiana revenue collections tick up, but miss projections
The State Budget Agency said Thursday that collections through 11 months of the current fiscal year stand about $1 billion
below the budget passed by the General Assembly in June 2009.
Indiana Senate’s top Democrat demands budget-cut data
Minority Leader Vi Simpson, D-Bloomington, said the Republican governor’s budget director told her that a comprehensive list
of executive branch budget reductions wasn’t available. She said that’s unacceptable.
Report: Indiana faces $3.6B cost for health overhaul
Committee Chairman Sen. Luke Kenley says it's "vital" for state officials to get a handle on the fiscal impact
of the health care changes as they begin the early stages of putting together the next two-year state budget.
State revenue continues to fall short of projections
Indiana has missed budget projections for nine out of the last 10 months. April tax collections hit their lowest mark since
2004.
Indiana budget chief orders another 5 percent in cuts
State revenues are $867 million, or 9.4 percent, less than forecast through the first nine months of the current fiscal year.
State tax revenue up for first time in over a year
Tax collections in March totaled $908 million, or $7 million more than for the same month last year.