Indiana State revenue ended its 2023 fiscal year with reserve accounts totaling $2.9 billion, falling short of the $6.1 billion reported in 2022, according to an announcement by Tera Klutz, the State Comptroller. However, Klutz noted that the state is still within the healthy range of reserves, representing 10-15% of the budgeted appropriations for fiscal […]
Between the 2022-23 fiscal year and the 2023-24 fiscal year, the state of Indiana reported a more than $3 billion difference in the state's surplus, according to the Indiana State Comptroller's Office, with the state reporting a $2.9 billion surplus to close the 2023 fiscal year.
STATEHOUSE State Comptroller Tera Klutz along with Office of Management and Budget Director Cris Johnston and State Budget Director Zac Jackson are to present the financial results for fiscal year 2023. Fiscal leaders will discuss financial highlights from the year and present Indiana’s financ .
The term state comptroller will replace state auditor for all state business, contracts, business cards, stationery and other means of communication beginning July 1.