Articles tagged as: Indiana budget
January 1, 2021
Indiana Universities Adjust Budget Approach To Lawmakers Amid COVID-19
This year, university presidents made sure to emphasize the cost-cutting measures they've taken since the pandemic began.
Read MoreDecember 16, 2020
'Flatline' In Next Indiana State Budget, Despite Cautious Optimism From Fiscal Leaders
The new forecast projects Indiana will have about $360 million in increased revenue over the next two-year state budget, compared to the current budget. That would be a boost of barely one percent.
Read MoreSeptember 14, 2020
U.S. Sen. Mike Braun Won't Support Help For Indiana State Budget
State budget officials project Indiana will have a $1 billion hole in its budget by the end of the current fiscal year, even with the state's significant financial reserves.
Read MoreJuly 16, 2020
Indiana Faced $900 Million Budget Shortfall, Still Ended Fiscal Year With $1.4 Billion Reserve
The state is covering its shortfall through cuts to state agencies, federal help and its budget reserves -- with $1.4 billion still left in state coffers.
Read MoreJune 18, 2020
Coronavirus: Indiana Expects More Than $3B Shortfall, No Budget Cuts For K-12 Education
Indiana will not cut funding for K-12 schools, according to Gov. Eric Holcomb. At a news conference Wednesday, he said the state's budget for K-12 schools approved by lawmakers in 2019 will remain on track, despite revenue shortfalls spurred by the COVID-19 pandemic.
Read MoreJune 12, 2020
Indiana Confronts Budget Shortfalls; To Discuss Potential K-12 Cuts Next Week
Higher education institutions have been asked to take a 7 percent cut in response to the COVID-19 pandemic.
Read MoreMay 22, 2020
Holcomb Announces State Agency Cutbacks In Response To Revenue Shortfall
State agencies are being asked to review operations, space, travel and hiring to cut their budgets by 15 percent.
Read MoreMay 22, 2020
Indiana Governor Seeks Spending Cuts With Tax Revenue Drop
State tax collections were about $960 million, or 44 percent, less than expected for April, and Gov. Eric Holcomb said the state could see a drop of more than $3 billion in tax revenue over the next 14 months.
Read MoreMay 8, 2020
State Revenue Nearly $1 Billion Below Forecast Due To Delayed Tax Filing, Business Closures
The total revenue generated by the state in April is nearly 50 percent less than projected. The state's budget director says, its hard to predict what might happen in May.
Read MoreSeptember 13, 2019
Indiana Tax Collections Ahead Of Budget Plan Through August
Indiana tax collections have outpaced state budget targets in seven of the last 14 months.
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