Fiscal Report Shows Indiana in a 'Better Position' than Anticipated Amid Dismal Economic Outlook

Latest Indiana budget drops spending 7% — with cuts ‘telling’

Indiana’s latest biennial budget — the first under new Gov. Mike Braun — effectively lowers state spending by 7% after inflation and an across-the-board holdback policy.

Fiscal leadership confident in Indiana’s finances with reserves at $2.5B

A trio of Indiana’s budget leaders emphasized their confidence in the state’s finances at the end of the 2025 fiscal year during a Tuesday press conference — with $2.5 billion in the bank. But three Indianapolis Democrats painted a far…

Fiscal leadership confident in state's finances

INDIANAPOLIS — A trio of Indiana’s budget leaders iterated their confidence in the state’s finances at the end of the 2025 fiscal year with $2.5 billion in the bank.

Fiscal report shows Indiana in a 'better position' than anticipated amid dismal economic outlook

INDIANAPOLIS-- As the state contends with a now $2 billion budget shortfall, Indiana State Comptroller Elise Nieshalla released a more optimistic update Tuesday. She, along with State Budget Agency Director Chad Ranney and State Secretary of Management and Budget Lisa Hershman, announced Indiana ended FY 2025 with $2.5 billion in state reserves—in other words, a healthy reserve of 11% of state expenditures. “Hoosiers can remain confident that ou…

Fiscal leadership confident in Indiana’s finances with reserves at $2.5B • Indiana Capital Chronicle

Indiana State Comptroller Elise Nieshalla details Indiana's finances at the end of the 2025 fiscal year on July 15, 2025. (Whitney Downard/Indiana Capital Chronicle)A trio of Indiana’s budget leaders emphasized their confidence in the state’s finances at the end of the 2025 fiscal year during a Tuesday press conference — with $2.5 billion in the bank. But three Indianapolis Democrats painted a far darker picture for the average Hoosier.  “Hoosie…

Indiana's fiscal year 2025 report: $2.5 billion in state reserves

The State of Indiana reports approximately $2.5 billion in state reserves, with the majority in the Rainy Day Fund.