Home » Posts tagged with » state budget

\ \ \ \

State’s finances safe from market fluctuations

By Quinn Fitzgerald TheStatehouseFile.com INDIANAPOLIS ­–The recent stock market plunges has instilled fear in investors nationwide, but Hoosiers can breathe easier knowing Indiana’s investments have not been affected by the fluctuations. That’s because the state doesn’t invest in stocks. Instead, the state invests in government bonds, U.S. agency bonds, and banks deposits with a maturity […]

\ \ \ \ \ \ \

July tax revenue falls below projections

By Max Bomber TheStatehouseFile.com INDIANAPOLIS — Total tax revenues for July – the first month of the 2016 fiscal year – came in slightly below projections built into the current state budget. The state’s tax revenue is down less than 1 percent starting out the fiscal year. The revenue totaled $1.04 billion. The biggest percentage […]

\ \ \ \ \

Charter school grant and loan details announced

Staff Report TheStatehouseFile.com INDIANAPOLIS — The Board of Education released details of the Charter School Grant and Loan Program that will award an estimated $10.75 million to charter schools. “The best opportunity we can give Hoosiers is a strong education, which leads to a brighter future,” Pence said. “Public charter schools are critical to expanding […]

\ \ \ \ \ \

State finishes year with money in the bank; Democrats say spend some of it

By Amanda Creech TheStatehouseFile.com INDIANAPOLIS — Republican leaders boasted Thursday as they closed the books on the 2015 fiscal year, saying a $210 million surplus and more than $2.1 billion in the bank is a sign of Indiana’s financial integrity. But Democrats say the surplus just shows the state is hoarding money that could be […]

\ \ \

State ends fiscal year with more than $2 billion in the bank

By Alec Gray TheStatehouseFile.com INDIANAPOLIS – The state ended the fiscal year on June 30 with $2 billion in the bank and spent $107 million less than it received from taxes, state Auditor Suzanne Crouch announced at the state’s 2014 closeout on Monday. Overall, the state spent roughly $15 billion during the last fiscal year, […]

\ \ \

Revenues down slightly to start 2014 fiscal year

Staff report TheStatehouseFile.com INDIANAPOLIS – Total tax revenues for July – the first month of the 2014 fiscal year – came in slightly below projections used to write the current state budget. The revenue for the month totaled $1.04 billion. It would have been higher but the state budget, which took effect July 1, directed […]

\ \ \ \

State universities likely to get funding boost, Tim Brown says

By Jesselyn Bickley TheStatehouseFile.com INDIANAPOLIS – The chairman of the budget-writing House Ways and Means Committee said Wednesday he feels “very strongly” that universities will get additional funding in the two-year spending plan the General Assembly will write this year. Rep. Tim Brown, R-Crawfordsville, said funding for universities will be weighed against other priorities, including […]

\ \ \

Pence picks veteran tax analyst to serve as OMB director

Staff report TheStatehouseFile INDIANAPOLIS – Gov.-elect Mike Pence has picked one of his campaign staffers and a veteran of state finances to serve as director of the Indiana Office of Management and Budget in his new administration. Chris Atkins was the Pence campaign’s policy director. Before that, he served as general counsel and policy director […]

\ \ \ \ \

University presidents make pitches for more state funds

By Lesley Weidenbener TheStatehouseFile.com INDIANAPOLIS – The leaders of three of Indiana’s public universities told budget officials Wednesday that they have made efforts to cut costs and hold down tuition but they now need the General Assembly to boost state funding for their schools. During the first of two days of State Budget Committee hearings […]

\ \ \

Bosma picks Rep. Tim Brown to head Ways & Means Committee

By Tim Grimes TheStatehouseFile.com INDIANAPOLIS – State Rep. Tim Brown, R-Crawfordsville, will be the new chairman of the powerful, budget-writing Ways and Means Committee, while Rep. Greg Porter of Indianapolis will be the group’s ranking Democratic minority member. House Speaker Brian Bosma announced Brown’s appointment Tuesday, ending months of speculation about who would replace its […]

Page 1 of 212