City considers using one-time burst of tax revenue to reduce deficit
Most of the special disbursement has to be spent on transportation funding, but the city can decide what to do with 25 percent of its $53 million distribution.
State Budget
Articles
County gets $59M as part of local road-funding package
The distribution is part of $505 million that county auditors have distributed to local government units statewide, $435 million of which can be used for transportation funding.
Lawrance returns to Chamber, to push for more road funding
Mark Lawrance spent 14 years at the Indiana Chamber of Commerce before heading to the Indiana University Public Policy Institute two years ago. Now he’s back at the Chamber in a new role.
Savvy strategy helped Pence get full Regional Cities funding
IEDC’s decision to leave all three winning regions in limbo about funding meant many more cheerleaders when the issue went to the General Assembly.
Tax increase for Indiana road funding appears unlikely
Efforts by the Indiana House to finance infrastructure improvements by raising taxes increasingly appear to be doomed during the legislative session that wraps up this week.
Lawmakers still debating long-term vs. short-term road money
A Senate committee stripped tax increases out of a road funding bill, but the House speaker says the legislature needs to look beyond just the next election.
Indiana bicentennial projects face funding shortfall
Planners thought most of the $53.5 million earmarked for projects would come from leasing excess space on the state’s 310 cellphone towers. But the Legislative Services Agency estimates those leases will bring $10 million to $12 million over the next 10 years.
UPDATE: Future income tax cut added to road-funding plan
A future 5 percent cut in Indiana's individual income tax rates is being added to a legislative proposal that would boost gasoline and cigarette taxes to increase road funding.
House transportation leader: Pence funding plan a ‘gamble’
The condition of Indiana's roads has emerged as a major issue. There is a major division among majority Republicans over how to handle the funding, with Pence and the Senate leaders signaling they are at odds with their counterparts in the House.
Indiana collects $100 million from tax-amnesty program
Indiana's tax-amnesty program has collected enough money to pay for the new Regional Cities grant program spearheaded by Gov. Mike Pence, state officials announced Wednesday.
Businesses could save $327M if state pays off federal loan
Businesses will pay $126 per employee to the federal government next year if the state doesn’t pay off a loan that propped up the unemployment program during the Great Recession before Nov. 10.
Pence boosts school safety spending after drastic cuts
The Indiana governor said Friday that after the recent deadly shooting at a community college in Oregon he would make an additional $3.5 million in safety grants available.
UPDATE: Pence considers using reserves on infrastructure
Pence said he's supportive of discussions among lawmakers about focusing the 2017 legislative session on infrastructure.
July revenue for Indiana falls short of projections
The biggest shortfall came from corporate income taxes, which were $16.7 million—or more than 60 percent—below projections.
Pence considers using surplus to pay off federal loan
Indiana Gov. Mike Pence is deciding whether to use about $250 million of the state's surplus to provide relief to local businesses by paying off a federal unemployment loan this fall.
Indiana reserves grow to $2.1 billion after spending cuts
Figures released Thursday by the state auditor show that the state had a $210 million surplus during the budget year that ended June 30.
Indy joins regional group to fund transit route
The City-County Council voted Monday for Indianapolis to join Carmel, Westfield and Greenwood in an economic development group seeking state funding for a rapid-transit route.
Pence elevates revenue chief of staff to commissioner
An attorney who once served as Indiana's public access counselor has been tapped as the new commissioner for the state Department of Revenue, replacing the retiring Mike Alley.
Month-long Indiana tax amnesty set for fall
Delinquent state taxpayers will have a chance to pay up without penalty under a tax amnesty program that will take place Sept. 15 through Nov. 16.
Suburbs paying for new census in hopes of higher tax distributions
A fast-growing city like Fishers can add thousands of new residents in just a few years. But several state funding allocations are based on population numbers the U.S. Census Bureau collects only once a decade, which could grossly underestimate the city’s density.