Big jump in Indiana budget surplus triggering tax refund Tom Davies/AP Cris Johnston, director of Indiana's Office of Management and Budget, right, speaks during a news conference with state Auditor Tera Klutz at the Indiana Statehouse in Indianapolis, Wednesday, July 14, 2021. They announced Indiana's first automatic taxpayer refund since 2012 as the state government hit a record of $3.9 billion in cash reserves as of June 30. (AP Photo/Tom Davies) and last updated 2021-07-14 17:24:39-04 INDIANAPOLIS (AP) â A big jump in Indianaâs state tax collections over the past few months announced by state officials Wednesday will result in a refund for taxpayers, although theyâll have to wait until next year for that money.