Understanding Indiana’s reserves

By: Stephanie Wells

Outlets: Indiana Capital Chronicle

Published: September 28, 2026

Words: 724

Last Updated: 2 weeks, 3 days ago

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Many smart people have been spending time thinking about how state leaders might invest Indiana’s growing revenue and robust reserves. This is especially of interest as monthly revenue collections continue to outperform forecast estimates (revenues have exceeded estimates for the last ten consecutive months).

We mentioned in our recent Fiscal Year 2026 Close-Out Report (ending June 30) that Indiana closed the books with nearly $4 billion in reserves. At …

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