Indiana budget leaders will officially close the books on the state’s fiscal year next week. But June’s revenue report reveals Indiana did not collect enough taxes to meet its budget plan.

Indiana lawmakers appear poised to put significant money into another round of economic development projects.

Gov. Eric Holcomb said the new state revenue forecast is "rosier" than he anticipated. But he said it still calls for a "discerning" approach to writing a new state budget.

Gov. Eric Holcomb and other state leaders provide an update on House Bill 1001, the state's two-year budget.

Indiana lawmakers will have about $2 billion more to use in the new state budget after an updated projection of state tax revenues was unveiled Thursday.

The state's largest teachers union says it wants lawmakers to take action on recommendations made by the governor's compensation commission to boost teacher pay.

Indiana's new, two-year, $36 billion state budget is headed for its final negotiation phase after the Senate approved its version of the spending plan Tuesday.

House Republicans approved a new, two-year, $36 billion budget Monday they say boosts education and helps businesses recover from the pandemic.

More than one-third of the proposed state funding hike for Indiana schools could go toward the state's private school voucher program under a Republican-backed plan that could boost the program's cost by nearly 50 percent over the next two years.

Gov. Eric Holcomb's proposal would spend $702 million out of budget reserves this year to pay down debt on capital projects, highway construction and a teacher retirement fund.