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INDIANA FISCAL POLICY INSTITUTE

IN THE NEWS

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

Indiana Capital Chronicle 
July 16, 2025

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, the Indiana Fiscal Policy Institute found in a Monday budget analysis.

The $54.6 billion House Enrolled Act 1001, approved in May, spends 3% more than its $53 billion predecessor from 2023. But the state’s spending power has sunk 5% since then.

And, the Office of Management and Budget was authorized to make the State Budget Agency withhold an additional 5% from what most agencies were allotted.

Those two factors will “result in a dramatic decrease in actual spending” compared to the last budget, according to the independent, Indianapolis-based institute.

Some agencies will feel the strain more than others.

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More Time Needed to Assess Indiana's Work-Based Learning Overhaul, Says New Brief 

Indianapolis Business Journal 
March 25, 2024

Survey identifies employer roadblocks for work-based learning for students, adults

Indiana Capital Chronicle

August 21, 2025


Hoosier employers want to work with students and adult learners seeking on-the-job training, according to a recent survey, but few take advantage because they don’t have the time, capacity or funds.

The newly released results from a summertime survey conducted by Chamberlin/Dunn, LLC on behalf of the Indiana Fiscal Policy Institute, included 348 employers across 62 counties and 17 industries. Both Ivy Tech Community College and the Indiana Chamber Research Foundation supported the study, which had both small employers with less than 50 employees and larger employers with over 1,000 employees.

“We know that employer demand for workers continues to outpace Indiana’s supply of Hoosiers looking for work, leading to policy makers in the state to create robust youth and adult work-based learning and other talent development programming,” said Stephanie Wells, the president of IFPI. “This research was conducted, in part, to determine if that employer demand for talent translates into a willingness on the part of employers to participate in these programs.”

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Eliminating Economic Enhancement District Eliminates Tool to Improve Downtown Indianapolis 

Indiana Capital Chronicle | January 22, 2024 

Indiana needs a holistic state strategy for building a 21st century workforce

Indiana Capital Chronicle

August 5, 2024

STATE & LOCAL TAXATION

Federal Funding Uncertainty Eliminates Programs, Threatens Others 

Indiana Capital Chronicle 
June 16, 2025


Property Tax Expert Predicts Higher-Than-Usual Bills for Homeowners, Farmers Next Year 

Indiana Public Radio
October 1, 2024
 


How did we get here? Historical analysis of property tax reform seeks answers 

Indiana Capital Chronicle 

October 1, 2024 


Shreve Proposes Property-Tax Freeze for Some Indianapolis Homeowners

Indianapolis Business Journal
November 2, 2023


Where Does Indiana State Budget Funding Come From?

Indiana Public Broadcasting
October 12, 2023


Should the State Ax its Individual Income Tax?
Indianapolis Business Journal

December 23, 2022

State and Local Budgets Aren't Immune from Inflation
Indianapolis Business Journal
April 15, 2022

Lessons from Business Personal Property Tax Reform in Michigan
Inside Indiana Business
January 26, 2022

What's Behind - and Beyond - Indiana's Blockbuster Revenue Forecast?
Inside Indiana Business
December 30, 2021

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