Archives with tag: budget

oth houses of the Indiana General Assembly approved a new two-year, $28 billion budget Friday night as the clock ticked toward the midnight conclusion of this year’s legislative session.

Both houses of the Indiana General Assembly approved a new two-year, $28 billion budget Friday night as the clock ticked toward the midnight conclusion of this year’s legislative session.

State lawmakers are set to vote Friday on a two-year, $28 billion budget that includes slight increases in K-12 funding and avoids major cuts.

The Indiana Senate approved a two-year, $28 billion budget Thursday on 36-14 vote along party lines.

House Republican leaders proposed a two-year state budget Thursday that would shift education dollars to growing school districts and away from those where enrollment is declining.

A state budget-writing panel opened its floor for a second day of public testimony on Wednesday as legislators there prepare to unveil their own budget proposal next week.

Indiana’s education chief says state lawmakers should do all they can to encourage school corporations to tie fiscal policy and education decisions together.

The state has overpaid an employee benefit plan, budget agency directors told a House committee on Wednesday.

The Indiana Commission for Higher Education is asking state lawmakers to funnel some funding to Indiana’s universities through a new performance-based formula.

Gov. Mitch Daniels proposed a two-year budget on Thursday that calls for cuts in higher education funding, the elimination of some Medicaid programs and a freeze on spending for other major areas.

Commission for Higher Education emphasizes performance funding and $13.7 million reduction in operating budgets for institutions.

Senate Minority Leader Vi Simpson, D-Bloomington said that the state budget agency had not given the Legislature a reason for recent budget cuts and that the agency had not warned the state service providers that the cuts were being made.

Despite very little compromise and seemingly two competing budgets, the legislature will return to the Statehouse June 11. Sen. Vi Simpson, D-Bloomington, says she realizes the challenges ahead but remains optimistic. However, Rep. Jeff Espich, R-Uniondale, said he anticipates a long and difficult session.

After about an hour of discussion, frustrated Democrats walk out of a spacial budget committee meeting with plans to explore other options.

Indiana Senate Appropriations Chair predicts cash reserves could only keep state afloat for a short time if the General Assembly can't set a budget.

Franklin prepares to divvy up funding between academic departments.

Student organizations on campus await a decision for next year's budget. This money assists in paying for events such as speakers, conferences and other campus events.

Governor's budget passes hands from joint committee back to the governor's office.

Student Congress is rethinking the budget for student organizations based on how much was used in years past.

Franklin College is making many adjustments to help adjust to the slipping economy.