Indiana Revenues Up But Forecasters Cautious About Future Receipts

Indiana’s budget picture continued improving last month as the state collected $31 million more in taxes than forecast for September. Indiana Budget Director Adam Horst says the state’s improved revenue haul is due largely to improved sales tax and corporate income tax collections. The state collected $67 million more than anticipated in the first quarter… Continue reading Indiana Revenues Up But Forecasters Cautious About Future Receipts

Daniels Announces Bonuses For State Workers

Indiana Governor Mitch Daniels announced today that the state will award bonuses to most government workers to recognize their cost-saving efforts over the past several years. Most workers will get one-time bonuses of $500, $750 or $1,000 based on their performance over the last year. State Auditor Tim Berry reported yesterday that the state ended… Continue reading Daniels Announces Bonuses For State Workers

Indiana Revenues Lower Than Expected During Last Budget Period

Indiana Auditor Tim Berry says the state took in five percent less revenue than was anticipated for the two year budget period that ended June 30, but still managed to finish with reserve fund of nearly $1.2 billion. Berry unveiled the latest numbers today. He says spending cuts across state agencies allowed Indiana to replenish… Continue reading Indiana Revenues Lower Than Expected During Last Budget Period

Daniels To Address Lawmakers Tuesday

Indiana Governor Mitch Daniels will deliver his annual State of the State Address to the General Assembly Tuesday night. Daniels says there will be no surprises in his speech, which will focus mainly on jobs and the economy. Like other states, Indiana’s tax revenues are falling well short of projections. Daniels has already ordered state… Continue reading Daniels To Address Lawmakers Tuesday

Daniels Calls For Cuts In School Funding

Citing the state’s slipping revenues, Indiana Governor Mitch Daniels says further budget cuts will be needed to offset the shortfall, and has ordered reductions of at least $300 million for public schools over the next 18 months. A new revenue forecast released Tuesday predicts the state will take in $1.8 billion less during the current… Continue reading Daniels Calls For Cuts In School Funding

Daniels Concerned About GOP Budget Plan

Indiana Governor Mitch Daniels says a state budget plan crafted this week by state Senate Republicans spends too much and relies too much on federal stimulus money.                             The two-year plan that cleared the GOP-led Senate Appropriations Commiteee Thursday spends about $2 billion in stimulus funds, much of it on education.                              Daniels, who’s also a Republican,… Continue reading Daniels Concerned About GOP Budget Plan