Tags: Indiana | Found Money

Ind. Gov. Daniels Says State Found Untouched $300M

Tuesday, 06 Dec 2011 07:18 PM

 


INDIANAPOLIS (AP) — Indiana officials have found an extra $300 million that went untouched even as lawmakers made deep cuts to education and slashed vacant government jobs while it weathered the Great Recession.

Republican Gov. Mitch Daniels said Tuesday that it was tax money that was collected over four years but never transferred to the general spending account, which lawmakers use to allocate funds to various programs and departments.

Indiana Democrats called for investigations into how an administration sometimes held up by Republicans as a model for the rest of the U.S. could misplace so much money.

Daniels said the administration is looking into how the money went unaccounted for so long. But he also tried to downplay the amount that went untouched by comparing it to the state's $14 billion annual budget.


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