Indiana maintains top mark from major credit-rating agencies
Just 14 states have top marks from the trio of major credit-rating agencies: S&P Global Ratings, Moody’s Investors Service and Fitch Ratings.
Leslie Bonilla Muñiz, Indiana Capital Chronicle
Articles
Braun: Administration saved $38M in first 6 months, cut $72M from future spending
Indiana Department of Administration Commissioner Brandon Clifton told reporters that the direct savings would likely be reverted to the General Fund.
IEDC deems Elevate Ventures, affiliates in breach of all active loans
The warning comes after the venture development firm defaulted on an angel investment program.
Indiana GOP lawmakers, politicos pan prospect of early redistricting
Hoosier leaders might be busy taking behind-the-scenes feedback on the prospect of early redistricting, but rank-and-file Republicans are increasingly going public with their opposition.
Indiana agencies outline spending cuts in pursuit of 5% reserve
A grim May revenue forecast prompted lawmakers to cut most agency appropriations by 5% in the latest biennial budget—and authorize the State Budget Agency to withhold another 5%.
Indiana’s state police, prisons and more ink immigration enforcement agreements with ICE
A trio of Indiana agencies have signed up for federal immigration enforcement powers, Indiana Gov. Mike Braun announced Friday.
Indiana attorney shortage commission releases final report, recommendations
The Hoosier State’s rate of 2.26 lawyers per capita was 43rd worst in the nation last year, per the American Bar Association.
Analysis: Latest Indiana budget drops spending 7%—with cuts ‘telling’
The $54.6 billion budget, approved in May, spends 3% more than its 2023 predecessor. But the state’s spending power has sunk 5% since then.
More Hoosier emergency responders activated for Texas flood help
Dozens more first responders from Indiana’s Task Force One team have deployed to Texas to help with search and rescue efforts, and they got there with the help of a Carmel company’s CEO.
Braun administration eliminates programs, positions and initiatives across state agencies after DEI review
A January executive order gave state agencies until July 1 to complete a review and identify diversity, equity and inclusion in their policies. In total, 350 such initiatives were identified.
Indiana assessed property values grow 12% as tax changes take effect
Assessed values for commercial and industrial properties grew at a higher rate than those for residential, according to the study assembled by the Department of Local Government Finance.
Cigarette, gas tax hikes coming to Indiana on July 1
The cigarette tax hike is the result of a last-minute compromise by Indiana legislators to address a projected revenue shortfall of $2 billion over the biennium.
Indiana lawmakers release bill-shaping interim committee topics
The Indiana Legislative Council on Wednesday approved the nearly two dozen topics that lawmakers will examine in interim study committees through the end of October.
Gov. Mike Braun orders energy demand plan
The Strategic Energy Growth Task Force, among its responsibilities, will work with utility companies and grid operators to ensure the state is meeting its growth goals.
Indiana workforce leaders aim to ‘salvage’ slashed dropout prevention program
The Jobs for America’s Graduates program, which serves thousands of Hoosier students, was eliminated as a line item in the state budget during this legislative session.
Settlement: Duke to consider selling Indiana coal units amid switch to natural gas
The Plainfield-headquartered utility said its agreement aligns with Indiana Gov. Mike Braun’s pro-coal goals.
Housing advocates ask Braun for dedicated task force in letter signed by nearly 700 supporters
Community economic development group Prosperity Indiana said the state has only 38 affordable rental homes available for every 100 extremely low-income Hoosier households.
Hoosier homeowners have seen 16% rise in insurance premiums over past 3 years, report says
One in every 54 policies, or 1.8%, were canceled due to nonpayment in 2022, according to the center’s analysis of Federal Insurance Office data.
Simon cites Indiana connections, lawsuit risks for redomiciling
One of the nation’s largest real estate companies has transferred its corporate registration back to Indiana from the state of Delaware.
Hoosier Lottery adjusts forecast, OKs ‘cautious’ business plan for next year
In a forecast revealed during a Tuesday commission meeting, lottery revenues were expected to end the 2025 fiscal year on June 30 down by almost 4%.