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State ends fiscal year with budget surplus

By Abrahm Hurt TheStatehouseFile.com INDIANAPOLIS — Indiana leaders said Hoosiers can have a sense of security in the state’s finances. Indiana’s 2017 Fiscal Closeout Report, which officials released Wednesday, showed a $42 million surplus and reserves at almost $1.8 billion. This is good news for taxpayers, said Auditor of the State Tera Klutz, because the […]

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Education, roads, drugs among priorities in Holcomb’s budget

By Shelby Mullis TheStatehouseFile.com INDIANAPOLIS — Gov. Eric Holcomb has proposed a slight increase in education spending in his proposed $32 billion two-year budget plan that was introduced to the state budget committee Tuesday. Micah Vincent, director of the state’s Office of Management and Budget, laid out the 2018 and 2019 fiscal year plan to […]

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Pence’s road funding plan cruises to the Senate

By Sarah Ramon TheStatehouseFile.com  INDIANAPOLIS – Gov. Mike Pence’s road funding plan is moving to the full Senate. “One of the things that’s happening in the transportation space is that when trucks and cars become more fuel efficient, the less revenue is coming in from the gas tax,” said Micah Vincent, Director of the Office […]

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Software glitch prevents $86 million from depositing into general fund

Staff Report TheStatehouseFile.com INDIANAPOLIS – General fund collections for the state would have been $2.3 million more than projected for the month of September – that is if a software glitch hadn’t kept the state from processing about $86 million in incoming revenue. The state’s new software should work like an ATM where it reads […]

OMB to change directors later this month

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OMB to change directors later this month

Staff Report TheStatehouseFile.com INDIANAPOLIS – Office of Management and Budget Director Chris Atkins is on his way out and Micah Vincent is in. Gov. Mike Pence accepted Atkins’ resignation as he prepares to join Mainstreet as its senior vice president for corporate strategy and analytics. Atkins will wrap up duties for the state at the […]