State Rep. Gregory W. Porter (D-Indianapolis) is calling on lawmakers to use Indiana’s stronger-than-expected fiscal position to address rising costs facing Hoosiers following the release of the state’s fiscal year 2026 report.
The report shows Indiana ended fiscal year 2026 with revenues $586.5 million above forecast, bringing the state to $1.14 billion above its biennial budget plan. Approximately $187 million reverted to the state’s General Fund, including $98 million from K-12 tuition support.
In a statement, Porter said the state’s financial strength should translate into investments that improve residents’ quality of life.
“It’s not right when the government is rich, but its citizens are poor,” Porter said. “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.”
Porter said the fiscal year-end results provide lawmakers with an opportunity to revisit previous budget cuts and invest in priorities that lower costs for Hoosiers.
“This positive fiscal-year end gives the Indiana General Assembly an opportunity,” Porter said. “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.”
Contact Health & Environmental Reporter Hanna Rauworth at 317-762-7854 or follow her on Instagram at @hanna.rauworth.
Hanna Rauworth is the Health & Environmental Reporter for the Indianapolis Recorder Newspaper, where she covers topics at the intersection of public health, environmental issues, and community impact. With a commitment to storytelling that informs and empowers, she strives to highlight the challenges and solutions shaping the well-being of Indianapolis residents.
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