The state’s monthly revenue report showed a shortfall of about $964 million for April, based upon the estimate on the Dec. 20, 2019 revenue forecast. It is also 47 percent below revenues from April 2019.
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The cuts have started for the Argos Community School Corporation.
After failing to see voter approval for a property tax levy increase to fund operations, the school board met this week to implement the necessary budget cuts. Approval was granted, cutting several positions during the meeting. That saves the school corporation about $270-thousand.
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A financial plan has been outlined, but the Marshall County Council will need some time to consider the details.
During Monday morning’s Marshall County Council meeting, representatives from financial firm Umbaugh and Associates presented their analysis of the county’s financial position and spotted certain funds in need of attention.
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Culver businesses have another opportunity to be reimbursed for work on the front of their buildings.
The Culver Redevelopment Commission’s Façade Grant Program is still in its pilot stages and hopes to promote general maintenance while enhancing the look of Culver’s buildings.
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The Marshall County Council reviewed budget requests during a meeting Monday morning, but with the aim of reducing quite a few expenditures for 2016.
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The Marshall County Council is hoping additional revenue can be generated for emergency purposes.
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The Culver Town Council is preparing next year’s budget, but a bit of extra information is needed prior to making cuts.
Budget work sessions were scheduled in preparation for fiscal year 2016. During the work sessions, department heads meet with members of the Culver Town Council to explain their budget line items.
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The state of Indiana has gained a bit of revenue for January compared to the previous year, but fell short of revised estimates.
According to the monthly revenue report from the State Budget Agency, General Fund revenues were $1.3-billion in January. That’s 2.4-percentage points above revenue collected for the same period last year. Those figures are still below estimates for the 2015 fiscal year published in December.
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The Indiana Department of Revenue says greater security measures will be in place once again to prevent identity theft.
According to a press release, the alleged criminal perpetrators attempted to steal more than $88-million from taxpayers through ID theft and fraudulent tax returns last year.
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