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

Sep
10
Wed
3:00 pm 2014 Business, Citizen & Teacher...
2014 Business, Citizen & Teacher...
Sep 10 @ 3:00 pm – Nov 7 @ 2:28 pm
Now accepting nominations and applications for these three awards by the Sunman Chamber of Commerce. Winners will be announced at the Chamber’s Annual Awards Dinner on Friday, November 7, 2014. For more information please contact the Sunman Chamber’s website or call Anna.
Oct
5
Sun
7:00 pm Fear Factory @ RomWeber Marketplace
Fear Factory @ RomWeber Marketplace
Oct 5 @ 7:00 pm – Nov 1 @ 10:00 pm
Fear Factory southeastern Indiana’s scariest haunted house will run every weekend in October at the RomWeber Marketplace; South Street Entrance. October 5, Lights On Tour 1 pm to 7 pm and then every Friday and Saturday. October 10, 11, 17, 18, 24, 25, 31 and November 1, from 7 pm to 10 pm. Admission is just $5.00 for those 18 years of age and younger and $10 for those 19 years of age and older. Concessions, free arcade games and free concerts each night
Oct
8
Wed
9:00 am Little Caesars Fund Raiser @ Knights of St. John
Little Caesars Fund Raiser @ Knights of St. John
Oct 8 @ 9:00 am – Oct 26 @ 8:00 pm
Hosted by- Knights of St. John Mission Team based out of Batesville Raising funds for 2015 Mission Trip to Elizabeth City, North Carolina. We are selling Little Caesars Pizza Kits, Crazy Bread Kits, Cookie Dough, and Wings! The prices range from $13.00-$22.00 They can contact Savanna Volz at (812)216-9542 by texting or calling. Email kofsjmissionteam@yahoo.com Or go online to www.pizzakit.com and go to products, shop. Choose to ship to your home address or ship your order to Knights of St. John. Then Enter code 287578 and shop! Orders are due by October 26th Pick-up date is November 14th from 5:30 to 8 at the Knights of St. John

View Calendar