Indiana wins up to $99.1 million to spur entrepreneurship, startups
The Indiana Economic Development Corporation won up to $99.1 million in federal funding through the State Small Business Credit Initiative to expand access to and increase capital for Hoosier entrepreneurs, startups and small businesses. “As a state, Indiana is strategically focused on creating the economy of the future and investing in the jobs of tomorrow […]
Indiana’s surplus hits $6.1 billion – bringing choices with it
INDIANAPOLIS – State Auditor Tera Klutz announced Friday Indiana will end its fiscal year with a staggering $6 billion surplus after collecting $1.24 billion more than forecasted in the last year. “Indiana’s historic $6.1 billion reserve balance gives legislators the flexibility to look at the statewide funding model as well as provide Indiana residents with […]
Inflation continues epic rise
The U.S. Bureau of Labor Statistics reported an increase in the consumer price index of 1.3% in June, after a 1% rise in May. But the number getting the most attention is that inflation on all items has increased 9.1% over the last 12 months – the largest year-over-year increase since the period ending November […]
Consumer advocates push for utility disconnection data
An Indiana agency representing utility consumers is asking the state’s regulator to make companies report disconnection data for the second time since the pandemic began – citing inflation, high gas costs and the end of a flood of federal pandemic recovery funding. William Fine, Indiana’s Utility Consumer Counselor, called current economic conditions a “perfect storm” […]
Wealth building and wealth stripping solutions
I’m officially old enough to now have an “I remember when …” story. Today’s lookback – hearkening memories of 1999: “I remember when gas was under $1 per gallon.” Now, thanks to inflation, I’ll get to add “I remember when gas was above $5” to my story bank. With enough time, these are just that: […]
Westville Correctional Facility project sees cost increases
The General Assembly approved $400 million in the 2022 session to demolish and replace the aging Westville Correctional Facility, but that money might not be enough. The Indiana Department of Correction requested $25 million last week to complete the schematic design for the facility, which can house more than 3,400 offenders, but doesn’t yet have […]
Indiana farmers battle production cost spikes
Indiana farmers are facing steep increases in food production costs brought on by inflation and supply chain holdups.
$13.1 million awarded to help Hoosiers with eviction legal services
Lt. Gov. Suzanne Crouch and The Indiana Housing and Community Development Authority on Tuesday announced a new $13.1 million partnership with the Indiana Bar Foundation to provide legal services for Hoosiers facing eviction. The foundation responded to a request for proposal and was awarded the money to help Hoosier renters regarding eviction prevention and services. In Indiana, […]
As Indiana considers second tax refund, some wonder: where’s the first?
With Indiana lawmakers poised to authorize a second, $225 tax refund to taxpayers in a special session this month, some Hoosiers are still waiting for the first $125 refunds promised late last year. As of June 22, Indiana had issued about $245.6 million in refunds, according to the Department of Revenue. That’s about 45% of […]
What will Indiana lawmakers accomplish in special session?
Indiana lawmakers will wait until late July to reconvene for a special legislative session, raising additional questions about what consensus they might reach on inflation relief and abortion restrictions.
$500 million Indiana READI grants to be designated by end of year
A wave of projects across Indiana are set receive new economic development funds meant to help expedite project completion timelines.
U.S. Supreme Court curbs federal power to regulate greenhouse gases, in blow to Biden
The U.S. Supreme Court ruled Thursday the Environmental Protection Agency does not have the authority to regulate greenhouse gases as pollutants, siding with a group of Republican attorneys general and coal companies in a major blow to the executive branch’s power to curb climate change. The opinion was a victory for the Republican-led states that […]