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Indiana governor signs spending plan for unexpected revenue

Eric Holcomb

Indiana’s governor has signed off on a plan for spending $291 million in unexpected state tax revenue on college campus construction projects after legislative Republicans rebuffed Democratic attempts to direct at least some of that money toward school funding.

Posted: Jan 29, 2020 4:09 PM

INDIANAPOLIS (AP) — Indiana’s governor has signed off on a plan for spending $291 million in unexpected state tax revenue on college campus construction projects after legislative Republicans rebuffed Democratic attempts to direct at least some of that money toward school funding.

Republican Gov. Eric Holcomb’s office said he signed the bill Wednesday. Holcomb had first proposed in July the plan for using the extra money toward paying cash for several building projects that were part of the two-year state budget adopted in April, rather than borrowing money.

Holcomb said in a statement that the plan ensures the state remains “remains the fiscal envy of the nation by saving Hoosier taxpayers more than $135 million in borrowing costs.”

Republicans who dominate the Legislature have repeatedly defended the 2.5% per-year increase in school funding included in the current state budget. They say it provides significant progress toward boosting teacher pay and protects the state’s $2.3 billion in cash reserves.

Republicans unanimously rejected a variety of Democratic proposals to increase school funding as the bill was passed in the first three weeks of the 10-week legislative session — and after several thousand teachers joined a boisterous Statehouse rally in November citing stagnant salaries as a top concern.

The construction projects included in the spending plan include $73 million toward a new veterinary hospital at Purdue University and various building plans at Indiana University, Ball State University, Indiana State University, the University of Southern Indiana and Ivy Tech State College in Columbus.

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Indiana Coronavirus Cases

Data is updated nightly.

Cases: 665285

Reported Deaths: 12697
CountyCasesDeaths
Marion910581653
Lake48637887
Allen36050641
Hamilton32231398
St. Joseph30243514
Elkhart25484420
Vanderburgh21315382
Tippecanoe20185205
Johnson16425361
Porter16053276
Hendricks15899301
Clark12032182
Madison11779321
Vigo11672231
Monroe10394164
Delaware9879179
LaPorte9821198
Howard9095199
Kosciusko8588111
Bartholomew7504147
Warrick7445153
Hancock7439134
Floyd7255172
Wayne6654192
Grant6453157
Boone611991
Morgan6118126
Dubois5933112
Dearborn550669
Cass5477100
Marshall5446105
Henry542695
Noble510978
Jackson465567
Shelby462591
Lawrence4193113
Gibson404985
Harrison402764
Clinton397053
Montgomery390584
DeKalb387178
Knox357885
Miami357863
Whitley350638
Huntington348377
Steuben339855
Wabash333076
Putnam331960
Ripley327862
Adams325149
Jasper318443
White298052
Jefferson295974
Daviess285696
Fayette272656
Decatur271388
Greene262280
Posey261432
Wells258975
Scott251450
LaGrange242170
Clay241444
Randolph225877
Spencer219330
Jennings216344
Washington213027
Sullivan203639
Fountain202542
Starke189251
Owen183453
Fulton179637
Jay178528
Carroll176919
Perry173836
Orange171351
Rush165422
Vermillion161542
Franklin159735
Tipton149241
Parke140116
Pike128433
Blackford120627
Pulaski107544
Newton96732
Brown95240
Benton92413
Crawford92113
Martin80314
Warren75914
Switzerland7558
Union67510
Ohio54111
Unassigned0434

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