The state of Indiana is closing out the 2023 fiscal year with $2.9 billion in state reserves.

State Comptroller Tera Klutz said they have managed State resources to ensure appropriate reserves are available to weather any economic shifts that may come.

Governor Holcomb commended the state’s fiscal leader for allowing the state to make historic investments in K-12 education, fund transformational changes to the way public health is delivered, and dedicate an additional $500 million to the READI program.