State Budgets 2012: Indiana



To see more state budget news and information, visit State Budgets 2012

Budget Background:

  • Fiscal Year Begins: July 
  • Frequency of Legislative Cycle: Annual
  • Legislative Session for 2012: Convened January 4, 2012
  • Frequency of Budget Cycle: Biennial

Learn more from the National Association of State Budget Officers

Budget News and Information: 2012


4/13/12: Indiana’s State Budget Committee Calls For External Audit

The Indiana Budget Committee unanimously passed a resolution today calling for an independent audit of the Department of Revenue.

Read more: Indiana Public Media


4/6/12: State Failed to Give Counties, Cities Millions

Gov. Mitch Daniels' administration revealed a $206 million error Thursday that shortchanged local units of government and led to the resignation of the Indiana Department of Revenue commissioner and an outside audit of the agency.

Read more: The Journal Gazette


3/21/12: Governor Mitch Daniels signs Indiana inheritance tax phaseout

Gov. Mitch Daniels signed bills Tuesday to phase out Indiana’s inheritance tax and pay for full-day kindergarten.

Read more: Louisville Courier-Journal


3/9/12: Ind. Lawmakers Drop Coal Gas Tax Credit Changes

Indiana lawmakers are letting the Daniels administration handle contentious changes to a tax credit designed to help build the Rockport coal gasification plant.

Read more: Louisville Courier-Journal


3/8/12: Indiana Tax, Spending Issues Remain for Final Day

Final decisions are expected to come Friday on how quickly the state inheritance tax should be eliminated and on a proposal that would end fees for full-day kindergarten programs by directing about $80 million more to school districts.

Read more: Louisville Courier-Journal


3/1/12: As Indiana Legislature Enters Final Days, Few Issues Left to Resolve

As the Indiana General Assembly enters what's likely to be its final week, just a handful of key issues are left to resolve in a 2012 session that will be known almost exclusively for the concluded right-to-work battle.

Read more: Evansville Courier & Press


Budget News and Information: Previous Budget Cycles

4/25/11: Indiana Lawmakers Begin Final Budget Meetings

Indiana lawmakers began work Monday on a compromise budget plan, with the legislative session ending this week.

Read more: Bloomberg Businessweek

4/15/11:  Indiana Taking in More Money Than Expected

State fiscal analysts project Indiana's government will take in more than a half-billion dollars more than anticipated in tax revenue over the next two-year budget cycle.

Read more: Indianapolis Business Journal

4/15/11:  Daniels, GOP Say They Plan to Increase Education Spending

A brighter economic outlook means Indiana can spend a little more on education, Gov. Mitch Daniels said Friday.

Read more: Evansville Courier & Press

4/14/11: Indiana Senate Approves Bill to Keep Unemployment Extension Active

About 12,000 Hoosiers will be able to continue taking advantage of a 20-week extension of unemployment benefits and another 20,000 could become newly eligible under legislation the Senate approved 49-0.

Read more: Courier-Journal

2/25/11: Daniels Signs Ind. Jobless Fund Bill Unions Fought

Gov. Mitch Daniels signed into law Thursday a plan aimed at fixing Indiana's debt-ridden unemployment fund that labor unions had opposed because it will reduce jobless benefits for some people while softening business tax increases.

Read more:Bloomberg Businessweek