> How much the State of Indiana made, saved and spent last fiscal year
How much the State of Indiana made, saved and spent last fiscal year
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Description
According to the figures from the State Budget Agency, Indiana was able to end Fiscal Year 2025 with a balanced budget and $2.5 billion in surplus.
According to a report from SBA, the state also collected more in revenue than was initially projected in April’s revenue forecast.
Still, uncertainty remains around the next two years because of the recent cuts to funding at the federal level just passed by Congress and signed into law by President Trump.
https://www.wthr.com/article/news/local/how-much-the-state-of-indiana-made-saved-and-spent-last-fiscal-year-budget-surplus-forecast/531-13664ea5-aa9c-462d-92ab-09dcdb253b27