State Ends Fiscal Year With Budget Surplus, $2 Billion In Reserve

July 15, 2014
By
State Auditor Suzanne Crouch released new numbers detailing Indiana's fiscal condition Monday.

State Auditor Suzanne Crouch released new numbers detailing Indiana’s fiscal condition Monday.

Indiana’s fiscal condition remains strong. State auditor Suzanne Crouch has released the state’s 2014 Closeout Report today, which shows that Indiana ended Fiscal Year 2014 with a $2 billion reserve and a surplus of $106.8 million.

“Every day, my office contributes to Indiana’s financial stability by assuring payments can and should be made. We ensure those payments are timely, transparent and accurate to confirm that every tax dollar goes to its intended purpose,” said Auditor Crouch.

“The trust a taxpayer grants to an elected official is a sacred trust. Every tax dollar should be spent with serious consideration and respect for the individuals who earned those dollars. Each tax dollar has a name and a face attached to it.”

The Closeout Report also shows that expenditures grew 2.1 percent from 2013, which is less than the 10- year average level of inflation at 2.45 percent.

“At the end of the fiscal year, we do not want to have to go back to Hoosier taxpayers and raise taxes because we need more money,” Crouch said. “By living within our means, keeping prudent reserves and identifying areas of potential growth, we can continue to make Indiana the fiscal envy of the nation.”

Listen Live

Upcoming Events

May
27
Wed
8:00 am Canoefest Monthly Raffle @ Canoefest
Canoefest Monthly Raffle @ Canoefest
May 27 @ 8:00 am – 9:00 pm
Next drawing is April 17 Drawing Brookville Tire Mart: 2 Reds Tickets.  The grand prizes at the June 27th drawing will be $2500, $500 (3), $200 (5), $100 (10) and $50 (20). Tickets are $5 each or 5 for $20. The winning monthly ticket goes back in the jar for future drawings and the grand prizes. Purchase tickets at local businesses in Brookville. Direct any questions to Tara Keys. Canoefest is a non-profit 501(c)(3) organization striving to bring appreciation to the sport of canoeing and kayaking as well as knowledge of the sport.
4:59 pm ALL SAINTS LADIES GRATITUDE
ALL SAINTS LADIES GRATITUDE
May 27 @ 4:59 pm – May 31 @ 5:59 pm
All Saints Ladies Sodality wishes to thank all the wonderful persons who worked and those who came and supported their ‘Spring Breakfast’ held on Sunday, May 17, 2015 at their St John’s Campus. They wish to extend their deep gratitude to all.
7:00 pm Battle of the Bands at Liberty P... @ Liberty Park
Battle of the Bands at Liberty P... @ Liberty Park
May 27 @ 7:00 pm
DEADLINE JUNE 1st ! Batesville Music & Arts Festival presents: Don’t miss local “Garage” bands battling for prizes and top honors! Sponsored by the Batesville High School Music Boosters. Food & refreshments provided by Batesville Kiwanis. FREE Admission Contact: Taaron Meyers, 513.484.5153 to enter your band! Bring Lawn Chairs, open  to the public! 1st, 2nd & 3rd place & winners on Class x Radio FM Registration forms & contest rules available in your high school office / music dept. or at www.facebook.com/batesvillebands

View Calendar