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Indiana State revenue ended its 2023 fiscal year with reserve accounts totaling $2.9 billion, falling short of the $6.1 billion reported in 2022, according to an announcement by Tera Klutz, the State Comptroller. However, Klutz noted that the state is still within the healthy range of reserves, representing 10-15% of the budgeted appropriations for fiscal […]
INDIANAPOLIS - Consumer spending that boosted state revenues has cooled after two years of above-average financial performance, bringing the state’s reserves back within a typical range.
Indianas revenue situation is beginning to normalize after years of major fluctuations due to the COVID-19 pandemic and its impact.
Consumer spending that boosted state revenues has cooled after two years of above-average financial performance, bringing the state’s reserves back within a typical range.
Consumer spending that boosted state revenues has cooled after two years of above-average rates, bringing the state’s reserves back within a typical range.