STATEHOUSE – The state budget is heading to the House floor after being approved by the House Ways and Means committee on Tuesday. The committee released Indiana’s 2014-2015 budget last Friday. Some of the goals of the introduced budget were to protect Hoosier taxpayers, prioritize education funding, and build and maintain infrastructure. “Overall I believe …read more.

Indiana Gov. Mike Pence expressed disappointment with the budget proposed by the Indiana House of Representatives, which increases spending but offers no new tax relief for Hoosiers. He resolved to protect taxpayers in continuing budget negotiations. “I am very disappointed in the House budget proposal. Despite having the largest budget surplus in history, this House …read more.

Gov. Mitch Daniels said today that a preliminary look at fiscal data shows Indiana will close the 2012 Fiscal Year with reserves of more than $2 billion and a structural surplus, meaning annual revenue in excess of annual expenses, of more than $500 million. With reserves totaling at least 14 percent of the state’s budget, …read more.