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Governor’s budget proposal increases spending on schools and broadband, but critics want more for teachers

Gov. Eric Holcomb proposes increasing K-12 funding, widening broadband access and paying off project debts in the state’s next budget.

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Optimistic revenue forecast for Indiana budget challenged by rent shortfall concerns, more

By Erica Irish TheStatehouseFile.com INDIANAPOLIS — Indiana’s economy is starting to recover from pandemic slowdowns, but there is work to be done in 2021 as some sectors are improving faster than others and as the state waits for an answer on more federal aid.  That’s according to the latest information, including revenue forecasts, shared with lawmakers […]

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Statehouse leaders preview 2021 session during Indiana Chamber panel discussion

By Erica Irish TheStatehouseFile.com INDIANAPOLIS — While many uncertainties remain about the 2021 legislative session, Statehouse leaders know one challenge: Between the state’s next budget, redistricting and concerns about the COVID-19 pandemic, there’s much work to be done.   At the same time, legislators will also have to balance the pandemic themselves, and work around new logistical […]

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COVID-19 cases and hospitalizations climb as state revenues decline

By LaMonte Richardson Jr.TheStatehouseFile.com INDIANAPOLIS—As the number of new cases and deaths from COVID-19 continues to reach record-high levels, Indiana’s hospital workers are feeling the strain and the economy is struggling to recover.  On Tuesday, the Indiana State Department of Health reported that 4,879 additional Hoosiers have been diagnosed with COVID-19, making the total number […]

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August state revenues see boost from late income tax payments

Staff Report TheStatehouseFile.com INDIANAPOLIS — State revenue totals for August surpassed estimates despite the COVID-19 pandemic, mostly thanks to $80 million in individual income tax payments that were collected last month. Indiana’s monthly revenue report, released Friday, shows that general fund revenues are still lower than expected when excluding payments that were deferred or late. […]

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State revenues show impact of COVID-19 pandemic

Staff ReportTheStatehouseFile.com INDIANAPOLIS—State revenue collections improved in July, but that’s mainly because $900 million in taxes which had normally been due in April and June were deferred until last month. Indiana’s monthly revenue report, released Friday, shows that the state is still falling short of the funds that were expected when the forecast was made […]

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State ends fiscal year $1.4 billion short of revenue collection goal

By Hope ShrumTheStatehouseFile.com   INDIANAPOLIS — When the revenue forecast for the 2020 fiscal year was given in December, no one could have predicted the worldwide COVID-19 pandemic that emerged this spring would arrive and disrupt Indiana’s budget plans, state officials said Thursday. Indiana Office of Management and Budget Director Cris Johnston, State Auditor Tera Klutz […]

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State agencies asked to cut spending as Indiana faces economic consequences of COVID-19

By Erica Irish TheStatehouseFile.com INDIANAPOLIS — As most of Indiana entered its next phase of reopening from shutdowns imposed to limit the spread of COVID-19, state leaders announced Friday new measures to cut costs as the state records plummeting reserves.  Amid the reopening, which is now in Stage 3 of a five-stage plan for all counties […]

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Indiana’s revenues drop sharply in April because of COVID-19 shutdown

By Victoria RatliffTheStatehouseFile.com INDIANAPOLIS—Indiana’s finances took a $1 billion hit in April, the first full month of shutdown caused by the COVID-19 pandemic, as revenues in all categories from income to sales taxes dropped sharply. Cristopher Johnston, director of the Office of Management and Budget, said Friday that Indiana has a long time, perhaps even years, […]

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Senate votes to let school districts share referendum dollars with charter schools

By Haley CarneyTheStatehouseFile.com INDIANAPOLIS—School districts can opt to share tax dollars raised through a referendum with charter schools, under an amendment narrowly adopted Monday by the Indiana Senate after Lt. Gov. Suzanne Crouch cast the tie-breaking vote. Sen. Linda Rogers, the Granger Republican who offered the amendment to House Bill 1065, said a majority of […]

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