State Budget

Deals expected on Indiana inheritance tax, tax refund

February 27, 2012
Associated Press
Budget leaders in the Indiana Legislature are nearing agreement on plans for phasing out the state's inheritance tax and changing the automatic taxpayer refund so that it could only be triggered every other year.
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Indiana funding jump would end kindergarten fees

February 25, 2012
Associated Press
Parents across Indiana weary of paying sometimes-hefty fees for their children to attend full-day kindergarten classes could soon catch a break.
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Indiana lawmaker says school bus fees increase danger

February 8, 2012
Associated Press
Indiana's public school districts wouldn't be able to end school bus service for their students under a proposal advancing in the General Assembly after protests from parents in a suburban Indianapolis district who now face annual bills of more than $400 a child for rides to and from school.
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Indiana tax collections below target for January

February 7, 2012
Associated Press
Indiana's state tax collections came in slightly below projections for January, the first monthly shortfall since the new state budget year began last July.
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State's gambling jackpot starts to shrinkRestricted Content

January 28, 2012
Kathleen McLaughlin
Indiana casinos saw their take from gambling fall in 2011, and new competition in Ohio and perhaps other neighboring states virtually guarantees things will get worse from here.
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Indiana Senate to consider changing tax-refund plan

January 19, 2012
Associated Press
An Indiana Senate committee is advancing a plan to put more money into state savings accounts before automatic tax refunds go out to taxpayers.
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Indiana reaches online sales tax deal with Amazon.com

January 9, 2012
 IBJ Staff and Associated Press
Amazon.com will begin collecting Indiana's 7-percent sales tax from customers in 2014 under an agreement with the state announced Monday.
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Top budget aide to Indiana governor steps down

January 9, 2012
Associated Press
Gov. Mitch Daniels' top budget official is stepping down after being part of the Indiana governor's administration since he took office seven years ago.
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Indiana continues to see state tax revenue gains

January 5, 2012
Associated Press
Indiana's state tax collections continue to run well ahead of a year ago, with last month's revenue nearly 5 percent greater than in December 2010.
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Indiana lawmaker: Online tax could replace estate tax

January 3, 2012
Associated Press
State Sen. Luke Kenley is floating the idea of using an online sales tax to help replace revenue that wouldn't be collected if a proposal to eliminate the state's inheritance tax becomes law.
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Daniels: Lawmakers will decide on more state fair money

December 29, 2011
Associated Press
Gov. Mitch Daniels will push for more money for victims of the Indiana State Fair stage collapse, but lawmakers will have to decide how much.
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Budget official: State was warned about tax collections

December 14, 2011
Associated Press
Democrat Erik Gonzalez of the state's budget-forecasting committee said his panel warned the Indiana Department of Revenue something was wrong with corporate tax collections two years before the state discovered it misplaced $320 million.
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Panel rejects audit of Indiana revenue department

December 14, 2011
Associated Press
Republican members of the State Budget Committee have rejected Democrats' request for an independent audit of the Indiana Department of Revenue for misplacing $320 million.
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Complex accounts made it easy for state to miss $320M

December 11, 2011
Associated Press
Indiana House and Senate Democrats say they want an investigation into how the money went missing for so long. They submitted a letter to the state's budget forecasting committee requesting an independent audit of the state's finances.
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Daniels says state discovers extra $300 million

December 6, 2011
Associated Press
Indiana Gov. Mitch Daniels says the state budget will see a one-time cash infusion of $300 million from tax collections that weren't properly transferred into the general fund.
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Indiana budget picture improved modestly in September

October 5, 2011
Associated Press
Indiana's budget picture continued improving last month as the state collected $31 million more in taxes than planned.
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Indiana property tax caps slice 2011 bills

August 23, 2011
Associated Press
Indiana property taxpayers saw their savings grow by 32 percent this year compared to a year ago thanks to statewide tax caps on their 2011 bills, according to a state report.
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Candidate Pence eyes Indiana income-tax cuts

August 3, 2011
Associated Press
Republican Mike Pence is looking at ways to cut Indiana income tax rates across the board if elected governor next year.
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Indiana tax revenue better than expected for July

August 3, 2011
Associated Press
The new budget year is off to a good start for Indiana's state government with about $23 million more in tax revenue coming in than expected.
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How key bills fared during 2011 legislative sessionRestricted Content

May 7, 2011
Tom Harton, Francesca Jarosz, Chris O'Malley, Scott Olson, Associated Press
Indiana senators and representatives debated a wide range of bills with significant business implications during the 2011 session of the General Assembly, which wrapped up April 29.
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Districts: Full-day kindergarten funds not enough

May 1, 2011
Associated Press
Indiana Gov. Mitch Daniels' plan to allocate $47 million for full-day kindergarten in districts that don't offer it isn't likely to be enough to make that vision a reality, some districts say.
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Indiana budget deal includes Daniels-backed refund

April 28, 2011
Associated Press
Indiana lawmakers are set to vote Friday on a new $28 billion state budget that would give slight funding increases to schools without raising taxes, leave the state with more than $1 billion in reserves and give taxpayers refunds if the state takes in more money than it needs.
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Key Indiana lawmakers optimistic about budget deal

April 27, 2011
Associated Press
Legislative leaders think they are on track to reach a budget deal by the time the legislative session ends Friday.
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Teacher merit pay bill heads to Daniels' desk

April 25, 2011
Associated Press
A bill linking teacher pay with student performance has won final legislative approval and now heads to Indiana Gov. Mitch Daniels for his signature.
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Budget could spur talks of school consolidation

April 25, 2011
Associated Press
Indiana lawmakers may have found a way to spur the consolidation of small school districts without jumping into the politically unpopular issue: Starve small districts of state funding to financially push them toward merger talks.
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  1. With Pence running the ship good luck with a new government building on the site. He does everything on the cheap except unnecessary roads line a new beltway( like we need that). Things like state of the art office buildings and light rail will never be seen as an asset to these types. They don't get that these are the things that help a city prosper.

  2. Does the $100,000,000,000 include salaries for members of Congress?

  3. "But that doesn't change how the piece plays to most of the people who will see it." If it stands out so little during the day as you seem to suggest maybe most of the people who actually see it will be those present when it is dark enough to experience its full effects.

  4. That's the mentality of most retail marketers. In this case Leo was asked to build the brand. HHG then had a bad sales quarter and rather than stay the course, now want to go back to the schlock that Zimmerman provides (at a considerable cut in price.) And while HHG salesmen are, by far, the pushiest salesmen I have ever experienced, I believe they are NOT paid on commission. But that doesn't mean they aren't trained to be aggressive.

  5. The reason HHG's sales team hits you from the moment you walk through the door is the same reason car salesmen do the same thing: Commission. HHG's folks are paid by commission they and need to hit sales targets or get cut, while BB does not. The sales figures are aggressive, so turnover rate is high. Electronics are the largest commission earners along with non-needed warranties, service plans etc, known in the industry as 'cheese'. The wholesale base price is listed on the cryptic price tag in the string of numbers near the bar code. Know how to decipher it and you get things at cost, with little to no commission to the sales persons. Whether or not this is fair, is more of a moral question than a financial one.

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