K-12 education in Indiana already has faced $300 million in reduced state funding this year as the state has cut spending
in the face of lower tax revenues.
Key House Democrat recommends summer study for a Gov. Daniels legislative priority: consolidation of the $14.2 billion Indiana
Public Employees Retirement Fund and the $8.1 billion Indiana State Teachers Retirement Fund.
The proceeds will help more than 120 local government units pay their bills while they wait for their
property tax receipts.
Gov. Mitch Daniels wants legislators to revive a merger of the Indiana Public Employees Retirement Fund and the Indiana
State Teachers Retirement Fund. He says the move could save up to $50 million a year in fees.
Governor acknowledges the economy has been taking a toll on state government and the lives of many Indiana residents.
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.
About the only certainty for the upcoming legislative session is that it will be over in March.
Indiana Gov. Daniels calls for cuts with announcement that tax collections for November were $144 million below forecast.
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
Unemployment in Indiana fell for the third consecutive month in September, bucking the national trend of rising jobless rates,
the Indiana Department of Workforce Development said Wednesday morning.