State’s offer of unpaid leave faces uncertain popularity
Indiana is offering state government employees voluntary unpaid leave, but it’s unclear how many workers might give up part
of their paycheck.
Revenue Forecast
Articles
Daniels announces more cuts as state revenue falls again
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.
Education cuts could be coming, state schools chief says
Indiana’s school chief warned school superintendents Thursday that declining state revenues could force cuts in public education
spending, education officials said.
Study: Taxing services could yield state $6.8B
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.
Daniels warns of more cuts amid revenue declines
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.
Indiana casinos facing more competition from other states
Indiana’s casinos are facing increasing competition from gambling ventures in Michigan and Ohio that could pose a threat to
the $900 million in tax revenue the industry generates for the state.
State tax revenue down again in August
Indiana tax collections in August fell $12 million below a May forecast, marking more bad news on the state’s financial front.
Unprecedented economic forecast revision will frame special session
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.
Lawmakers think ‘gloomy’ in spite of rosy forecast
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.