Indiana

Indiana’s Gov.-elect Eric Holcomb is eyeing the state’s existing $500 million Next Generation Trust Fund -- set up years ago from proceeds of the Indiana Toll Road Lease – to fund investments in entrepreneurship and to support early-stage and mid-size Indiana companies.

Indiana GOP House leaders offer $1.2 billion per year road funding plan fueled by gas tax hike.

Interstate tolling and higher gas taxes are among state road funding proposals already on the table for 2017.

A new revenue forecast for Indiana says the state will collect about $300 million less in general fund revenues than had previously been anticipated next year, though the projection for the following two years is up $1 billion.

The Gary Community School Corporation in Indiana is struggling to meet payroll after voters rejected a referendum to increase property taxes.

Midwestern voters delivered mixed results on transportation proposals Tuesday while picking new governors and settling legislative races that stand to impact fiscal decisions in Illinois and Minnesota.

Fishers is trying to spread the word of its status as Indiana’s only city with a triple-A rating from S&P Global Ratings in an effort to develop broader investor appeal and further lower its borrowing costs.

The Midwest’s voters will decide on an array of bond and tax questions requesting new funding for schools, infrastructure, transit, and highway projects and fill key leadership roles.

Construction delays and related payment risks on an Indiana public-private partnership highway project prompted Fitch Ratings to drop bonds issued for the project three notches to B.

Indianapolis received a one-notch downgrade from Moody’s on $410 million of moral obligation debt as the rating agency implements a new methodology.