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    • Budget timeframe: Biennial 

      Fiscal Year begins: July 1

      The current state budget can be found here.

      Find the legislative session calendar here.

      Find the current legislative leaders here.

      IN Gov. DanielsGov. Mitch Daniels
      Office of Governor Mitch Daniels
      State House
      Indianapolis, IN 46204-2797
      Phone: (317) 232-4567
      Fax: (317) 232-3443




      Adam Horst, Director
      State Budget Agency
      200 W. Washington St., Room 212
      Indianapolis, IN 46204
      Phone (317) 232-5610


      Want a more robust, long-term look at your state's fiscal health, beyond the budget? There are two parts: Click here for the FY2012 Comprehensive Annual Financial Report (CAFR) compiled by the state government, and click here for information on the state's pension liabilities


      Indiana is required to pass a balanced budget in that according to statue "no law shall authorize any debt to be contracted", except for "casual deficits" which must be covered by loans "as may be necessary to meet the demands of the state." Section 4-10-21-2 of the State law does create a state spending cap, but Section 4-10-21-7 allows the general assembly to exempt an appropriation from the State spending cap. Indiana law forbids the carrying over of a deficit from one year to the next.


      Indiana maintains seven major governmental funds: the General, Motor Vehicle Highway, Medicaid Assistance, Major Moves Construction, State Highway Department, Property Tax Replacement and Tobacco Settlement Funds. The State budgets all seven major funds in addition to over fourteen non-major funds. While all information necessary for analysis can be found in the Budgetary Comparison Schedules, it is not presented in the most efficient manner because there are no "total" columns to accompany the numerous major and non-major funds.  [from the Institute for Truth in Accounting]


      Find the state's bond ratings here.


      Indiana Policy Review Foundation



    • Solutions

      How Reality-Based Budgeting Can Permanently Resolve State Budget Gaps

      State Budget Solutions | by Bob Williams | November 7, 2012

      State Budget Solutions recommends that state legislators take action in 2013 to resolve the serious state financial crises by changing their focus from inputs to outcomes by redesigning budgets from the ground up based on priorities and performance.

    • Solutions

      How to Prevent Future Pension Crises

      by Cory Eucalitto | November 1, 2012

      The time for state and local governments to offer defined contribution retirement plans that protect both taxpayer dollars and public employee retirement security is now.

    • Solutions

      State Lawmakerís Guide to Evaluating Medicaid Expansion Projections

      The Heritage Foundation | by Edmund F. Haislmaier and Drew Gonshorowski | October 17, 2012

      Supporters of Obamacare claim that expanding Medicaid will entail little to no cost to state governments, since the federal government will fund the vast majority of the additional costs. Indeed, some analyses project states achieving savings from adopting the expansion. However, state lawmakers should be wary of accepting such analyses at face value.

    • Solutions

      Medicaid Is BrokenóLet the States Fix It

      The Wall Street Journal | by Paul Howard and Russell Sykes | October 15, 2012

      Block-granting Medicaid is the best way to deliver better, cost-effective care to the most vulnerable Americans.

    • Solutions

      The Case for Reform: Prisons

      Right on Crime | August 1, 2012

      Prisons are supremely important, but they are also a supremely expensive government program, and thus prison systems must be held to the highest standards of accountability.

    • BLOG: Revenue, Budget Transparency

      Principles of a good tax system

      by Jason Mercier | October 14, 2013

      The fundamental building blocks of a good tax structure include simplicity, accountability, economic neutrality, realiability and fairness.

    • BLOG: Budget Gimmicks, Federal Government Impact, State Debt

      States react to the federal shutdown

      by Joe Luppino-Esposito | October 2, 2013

      Since states rely so heavily on the federal government for their general budgets, they will feel the pinch of a federal government shutdown.

    • BLOG: Education, K-12 Education

      Tensions in Common Core debate are boiling over

      by Joe Luppino-Esposito | October 1, 2013

      The fight over Common Core State Standards started quietly but has become increasingly intense as states make decisions regarding its implementation and school districts address the concerns of parents. The debate has taken harsh turn recently, with displeasure with the program that aims to make educational standards consist across states for grades K-12 coming out in a range of ways, from nasty notes from a governor to an arrest for assault. 

    • BLOG: Federal Government Impact, Medicaid

      State attorneys general lead the federalism fight

      by Joe Luppino-Esposito | September 17, 2013

      One look at the upcoming cases before the Supreme Court and the federal courts of appeal would suggest that states and the national government have a destructively adversarial relationship. Should we be worried about this constant conflict?

    • BLOG: Education, K-12 Education

      Common Core can't pass the cost test

      by Joe Luppino-Esposito | August 2, 2013

      This has been a rough summer for Common Core supporters as more and more states leave the testing consortia due to high costs and uncertainty.