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State Surplus

State ends budget year with surplus, despite revenue drop

State ends budget year with surplus, despite revenue drop

INDIANAPOLIS | Indiana took in more money than it spent during the 2014 budget year, even as Republican Gov. Mike Pence's tax cuts dropped total state revenue below the prior year for the first time since the Great Recession.

July 14, 2014 5:30 pm Related

House Republicans kill attempt to defund new Pence agency

INDIANAPOLIS | House Republicans stood up for a controversial new state agency last week, voting down a proposal by House Democratic Leader Scott Pelath, D-Michigan City, to defund Gov. Mike Pence's Center for Education and Career Innovation.

February 02, 2014 8:15 pm
Cost is obstacle to prekindergarten idea

Cost is obstacle to prekindergarten idea

INDIANAPOLIS | After dithering more than two decades before agreeing last year to fund full-day kindergarten in Indiana's schools, Hoosier lawmakers appear ready to act faster in establishing state-supported prekindergarten programs for 4-year-olds.

December 29, 2013 12:00 am Related
Indiana ends budget year in the black; reserves now nearly $2B

Indiana ends budget year in the black; reserves now nearly $2B

INDIANAPOLIS | Indiana spent $482.6 million less than it took in over the past 12 months, and as a result, grew the state's reserve funds to nearly $2 billion.

July 11, 2013 11:30 am Photos

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