Budget Has Big Ongoing, One-Time Obligations

By Whitney Downard When drafting the state’s next budget, lawmakers will need to consider the state’s ongoing commitments and one-time obligations under the cloud of a potential recession. This comes after more than a year of revenues out-performing projections and two years of cash infusions from the federal government, boosting the state’s reserves. Indiana operates…

Read More

Indiana Targets High-Tech Investments with New West Coast Hire

Indiana Secretary of Commerce Brad Chambers today announced Jillian Ochs has been named west coast business expansion specialist for the Indiana Economic Development Corporation (IEDC). In this new role, Ochs will represent the IEDC to entrepreneurs, innovators and enterprise businesses in California, proactively increasing the state’s brand awareness in the west coast market and working…

Read More

Daily Almanac: Jan. 7, 2023

Sunrise/Sunset: RISE: 8:06 a.m.SET: 5:34 p.m. High/Low Temperatures: HIGH: 40 °FLOW: 27 °F Today is… • Distaff Day• Harlem Globetrotter’s Day• National Bobblehead Day What Happened On This Day: • 1927 First transatlantic commercial telephone service is established from New York City to London• 1959 The United States recognizes the new Cuban government of Fidel…

Read More

Lawmakers Cautiously Eye Property Tax Relief

By Leslie Bonilla Muñiz Indiana lawmakers are drawing up changes to the state’s property tax system, with high value assessments last spring pointing toward potentially high bills this year. But their approach has been cautious, laden with warnings about a lack of data and negative consequences. Taxable assessed values shot up 15% from 2021 to…

Read More

Lawmakers Cautiously Eye Property Tax Relief

By Leslie Bonilla Muñiz Indiana lawmakers are drawing up changes to the state’s property tax system, with high value assessments last spring pointing toward potentially high bills this year. But their approach has been cautious, laden with warnings about a lack of data and negative consequences. Taxable assessed values shot up 15% from 2021 to…

Read More