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Indiana tax collections came in below projections last month, for the first time in more than a year. But state budget expert says that missed projection is mostly a timing issue.
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Less than a quarter into its new fiscal year, Indiana has already collected hundreds of millions more in taxes than expected.
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Michigan Governor Gretchen Whitmer was in Detroit Wednesday to sign the final bill in the new state budget. She also made some line-item vetoes that highlight differences with Republican leaders on abortion.
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The Holcomb administration doesn’t have any plans to expand the governor’s inflation relief proposal despite the state having $6.1 billion in reserve following the closeout of its fiscal year.
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Gov. Eric Holcomb said he agrees with legislative leaders who are reluctant to pause the state’s gas tax. But he said he’s planning on working with the General Assembly on inflation relief for Hoosiers.
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Michigan is surpassing revenue predictions by billions of dollars for the next couple of fiscal years, according to results of the state's Consensus Revenue Estimating Conference.
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Indiana House Democrats want the legislature to spend some of the state’s $4 billion surplus this year to help support struggling Hoosiers.Minority Leader…
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The state is holding roughly $750 million in local income tax (LIT) reserves, according to a report from the Indiana Fiscal Policy Institute. The study…