“Indiana lawmakers signed off on a $34 billion, two-year budget that provides a $150 million payment toward the state’s teacher pension obligations. The one-time cash infusion will create about $70 million in additional cash flow for schools but does not address the $11 billion of underfunding the system is dealing with, says Sheila A. Weinberg …”
“The City Council has approved borrowing about $8 million to cover the cash-strapped city’s day-to-day operations and other expenses until Mayor Karen Freeman-Wilson’s halted plan to sell and lease back the city’s Public Safety Building can be finalized. The cash will help pay the city’s police and fire pension obligations, payroll and health insurance costs.”
After Judith Sharp had been in office as Monroe County assessor for just a month, she rattled decades-old traditions when she told attendees at a state conference that the township assessor system needed a shakeup.
Hoosiers on Tuesday voted to enshrine a balanced budget requirement into Indiana’s constitution, meaning that lawmakers cannot approve state spending that exceeds revenue estimates.
INDIANAPOLIS — Former state Sen. Brandt Hershman, R-Buck Creek, isn't running for office this year, but lately he's been spending a lot of time knocking down misconceptions about a ballot question that he helped put before Hoosier voters.
EVANSVILLE, IN (WFIE) - There is a public question on Indiana ballots that is confusing some voters. It is a question on amending the state’s constitution in regards to how lawmakers make their budget. As the Indiana State Constitution is written right now, there is no language requiring a balanced budget. We are told the Constitution reads that the State can only incur so-called casual debt.
The most enduring vote Hoosiers will make in this election is not for a candidate or a party. It’s to ensure Indiana’s legacy of fiscal responsibility benefits future generations.
A constitutional amendment question on the Nov. 6 ballot is confusing to some Hoosiers.
The auditor pays the state's bills while the treasurer invests the state's revenue. Both have additional programs to oversee as well. Each office has an annual salary of about $82,500 and the term lasts four years.
The U.S. job market is so tight that some cities are offering bonuses to employees willing to relocate.
Asset fire sales arguably play a critical role in the propagation of systemic risk. We propose a new mechanism whereby financial institutions’ business models engender correlated asset portfolios, increasing vulnerability to fire-sales.
Like most Hoosiers, I grew up in a community that was home to factories that provided careers for thousands of Hoosiers.
The Pennsylvania Department of the Auditor General is tasked with keeping track of more than $30 billion a year in state spending.
A trucking company moving from Illinois to Indiana is the latest of dozens of companies that have made that switch in recent years.
By Brittany Hunter, includes "There is a very clear reason as to why law enforcement has so diligently defended the routine use of civil asset forfeiture: it's extremely profitable.
By Eric Berman, includes "You may get to vote next year on whether to require Indiana to balance its budget.
Indiana Auditor Suzanne Crouch recently released the end-of-year financial data for the state’s 2016 fiscal year, which concluded on June 30
"Why has Illinois struggled while Indiana has enjoyed comparative success?"
"Sheila Weinberg, founder and CEO of TIA, also said the state is using outdated pension numbers and the actual pension debt is $13.5 billion."
Indiana has a relatively modest debt load compared with other states, according to two new reports this week.