Governor Eric J. Holcomb today announced he has asked the State Budget Agency (SBA) to initiate plans to reduce state agency appropriations by 15 percent for Fiscal Year 2021 because of the sharp drop in state revenues that was reported for April and to prepare for a continued decline in state revenue because of the economic impact of COVID-19.
SBA already has initiated actions to reduce spending for the remainder of the current fiscal year, which ends June 30. Cost savings measures were instituted in April to review operations, space, travel, hiring, and many other areas for savings.
In addition to the state agency reversions, Governor Holcomb said the state would not move forward or put on hold several previously announced projects: Use of $291 million in reserves to pay for several capital projects approved in the 2020 legislative session. Bonding authority may be used to move forward with those projects later, approximately $65 million in Next Level Trails grants, and $110 million of deferred maintenance projects, including $70 million for state parks.
(09-28-2020) Auburn Man Arrested for Child Molestation
(09-28-2020) LaGrange Man Arrested Following Foot Chase
(09-28-2020) Steuben County Corrects Ballot Envelop Erro
(09-28-2020) Fremont Calls for Football Team to Stay Home Monday
(09-28-2020) Parkview LaGrange Hospital Hires Full Time General Surgeon
(09-28-2020) Two People Injured In Motorcycles vs Deer Collision
(09-28-2020) Two Drivers Injured In Three Vehicle Crash
(09-28-2020) Indiana In Stage 5 Of Re-opening
(09-28-2020) Topeka Teens Among Three People Injured In Crash
(09-28-2020) Cameron Hospital Appoints New CFO
(09-26-2020) 2020 United Way Radiothon Take In over $101,000
(09-25-2020) Rep. Jim Banks Announces Service Academy Day on October 31st
(09-25-2020) Blue Ribbon Schools Award Winners Receive Congratulations
(09-25-2020) AG Curtis Hill’s Proposed Data Protection Safe Harbor Rule
(09-25-2020) Indiana Enters Stage 5 Reopening on Saturday
(09-25-2020) Area Unemployment Rates Drop in Michigan Counties