Porter comments on Indiana’s fiscal-year 2026 report

Today, Indiana released its fiscal year-end report. The state ends the 2026 fiscal year $586.5 million above forecast, bringing the state to $1.14 billion above the biennial budget plan. Approximately $187 million was reverted to the General Fund, with $98 million reverted from tuition support for K-12 education. 

State Rep. Gregory W. Porter (D-Indianapolis) released the following statement:

“It’s not right when the government is rich, but its citizens are poor. Indiana has strong reserves. But you cannot say Indiana is doing well economically when its people are not. Wages aren’t keeping up with inflation. Rising medical debt is crushing families. Underfunded public schools are losing millions as they try to invest in the next generation. 

“This positive fiscal-year end gives the Indiana General Assembly an opportunity. Moving forward, we have the financial resources to address past budget cuts and properly invest in our people. Our job is to use this financial momentum to lower costs for Hoosiers.”