State Budget

Daniels to tout state's relatively solid position in address

January 19, 2010
Peter Schnitzler
Indiana Gov. Mitch Daniels will deliver the annual State of the State address Tuesday night at 7 p.m. before a joint session of the Indiana House and Senate.
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Indiana Senate OKs bill to delay jobless-tax hikes

January 12, 2010
Associated Press
The Senate has approved a bill delaying unemployment-tax increases on businesses for a year, but the legislation may face hurdles in the Democrat-led House.
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Study: Urban tax money subsidizes rural counties

January 12, 2010
Scott Olson
A report from the Indiana Fiscal Policy Institute says metropolitan counties pay more in state taxes than they receive in benefits. The results, though not surprising,  document the disparity for the first time in Indiana.
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Assessor predicts 2010 property tax bills will be on time

December 30, 2009
Peter Schnitzler
Indianapolis property tax bills, paid in two installments due in May and November, should be sent without delay for the first year since 2006.
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College cuts will favor some schools over others

December 23, 2009
Associated Press
The Indiana Commission for Higher Education said state colleges and universities need to find new ways to be efficient—without new tuition hikes—to cope with spending cuts ordered by Gov. Mitch Daniels.
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State colleges face $150M in cuts as tax revenues fall

December 4, 2009
 IBJ Staff and Associated Press
Indiana Gov. Daniels calls for cuts with announcement that tax collections for November were $144 million below forecast.
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Daniels announces more cuts as state revenue falls again

November 6, 2009
 IBJ Staff and Associated Press
Indiana Gov. Mitch Daniels on Friday announced a series of spending cuts and other steps designed to offset a continuing multimillion-dollar decline in state revenues. If the trend continues without spending cuts, he said, Indiana's reserves would be wiped out by next August.
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Education cuts could be coming, state schools chief says

November 5, 2009
Associated Press
Indiana's school chief warned school superintendents Thursday that declining state revenues could force cuts in public education spending, education officials said.
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Funding cut jeopardizes popular Indiana Artisan programRestricted Content

October 17, 2009
Anthony Schoettle
A state-run program aimed at boosting business for local artisans—ranging from painters to syrup makers—and turning them into a draw for tourists is in jeopardy because of dramatic funding cuts.
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Study: Taxing services could yield state $6.8B

October 12, 2009
Peter Schnitzler
The non-partisan Indiana Fiscal Policy Institute this morning released a new study exploring the ramifications of expanding the state's sales tax to include services.
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Daniels warns of more cuts amid revenue declines

October 8, 2009
Scott Olson
Indiana Gov. Mitch Daniels warned Thursday morning that more state budget cuts could be forthcoming in light of a prolonged drop in tax collections. Indiana collected $3.3 billion in total revenue during the fiscal first quarter, 14 percent less than the same period last year.
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Lawmakers cut state tourism office's budget in halfRestricted Content

August 3, 2009
Scott Olson
Destinations throughout Indiana no longer can count on a state marketing campaign to help drive summer crowds. Lawmakers who passed a budget during the special session at the end of June sliced the state’s annual contribution to the Indiana Office of Tourism Management in half—from $4.8 million to $2.4 million.
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EDITORIAL: School funding has fatal flawsRestricted Content

July 13, 2009
 IBJ Staff
A state budget was passed June 30, but it’s balanced on the backs of poor children. Legislators deserve praise for at least slightly increasing overall education funding, but because of a flawed funding formula, urban districts such as Indianapolis Public Schools actually will lose money in the next two years.
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Legislature snubs casinos, but forms study committeeRestricted Content

July 6, 2009
Peter Schnitzler
Indiana's struggling gambling industry didn't get the relief it sought during the special session of the Indiana General Assembly. But embedded within the budget bill approved June 30 is a provision creating a gambling summer study committee. Its recommendations, due by Dec. 1, may make or break several of Indiana's casinos.
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EDITORIAL: Leadership void stymied special legislative sessionRestricted Content

July 6, 2009
 IBJ Staff
The legislative session that concluded June 30 with passage of a two-year budget left a bad taste in our mouths. For starters, legislators lacked the courage to tackle local government reform—even though cash-strapped units of government desperately need the millions of dollars in savings they would generate. In short, they put political cronyism ahead of the interests of the state.
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MARCUS: Budget made by rudderless LegislatureRestricted Content

July 6, 2009
Morton Marcus
If we are lucky, by the time you read these words the Indiana General Assembly will have passed a new budget. Democrats use tarot cards and Republicans chicken innards to determine how much to spend. There are alternatives.
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FEIGENBAUM: Education money helped land key Democratic votesRestricted Content

July 6, 2009
Ed Feigenbaum
As both House Speaker Pat Bauer, D-South Bend, and House Republican Leader Brian Bosma, R-Indianapolis, see it, this is definitely a "Republican-flavored" budget. Republican Gov. Mitch Daniels laid the framework, and legislators from both sides of the aisle largely abided by his bottom lines of spending, state agency cuts and surplus.
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FEIGENBAUM: History suggests legislators finally will settle on budgetRestricted Content

June 29, 2009
Ed Feigenbaum
The sniping over the state budget follows the time-honored script of partisan politics. Fear not: A timely climax and resolution are all but guaranteed.
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Unprecedented economic forecast revision will frame special sessionRestricted Content

June 1, 2009
Peter Schnitzler
With the help of outside economists, Indiana government undergoes an economic forecast every other yearâ??a process that's taken on increased importance this spring, as Gov. Mitch Daniels and the Legislature attempt to craft a two-year budget amid the deepest recession since the early 1980s.
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Consider progressive taxesRestricted Content

May 25, 2009
Morton Marcus
Put some progressivity into Indiana tax rates when passing the Indiana state budget.
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General Assembly heeds public mayhem, not public policyRestricted Content

May 18, 2009
Morton Marcus
Which group should make the spending decisions? Consumers or elected officials?
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Fiscal crisis calls for drastic measureRestricted Content

May 18, 2009
Mickey Maurer
Ind. Gov. Mitch Daniels will call the Legislature into special session to pass an acceptable budget, but some legislators think a budget that would satisfy the governor cannot be crafted by the contentious partisans in this developing fiasco.
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Lawmakers think 'gloomy' in spite of rosy forecastRestricted Content

April 27, 2009
Ed Feigenbaum
Sometimes the news is just so good you can't believe it, and that is just what happened with the state revenue forecast this month.
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General Assembly is shame of IndianaRestricted Content

April 20, 2009
Morton Marcus
When we read that all the Democrats in the House voted against all the Republicans in the House on a given issue, we know independence has been cruelly killed by the leadership of each party. The same applies to the Senate.
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Competing interests to collide in final days of sessionRestricted Content

April 20, 2009
Ed Feigenbaum
The two principal matters that all agree must be resolved are the biennial budget and a plan to return the Unemployment Insurance Trust Fund to solvency.
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  1. On my rental property, before tax caps, I was paying $2,000/yr in property taxes. After the tax caps I'm paying $4,000/yr. How exactly am I "benefiting the most"?

  2. Nick, I too tried that new Walmart NM on Michigan a couple of weeks ago. I had the same feeling, it had good prices, but something was just off about it. I can't put my finger on what it is, but it just didn't feel right. On the plus side, it was easy to get in and out of and much less busy than a typical Walmart.

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  5. So the GOP legislature passed a bill that gave big breaks to business at the expense of Indiana families. Color us not surprised.

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