2024-2025 Budget Priorities

Enacting a responsible, balanced state budget

Builds on investments made in SEA 2-2022ss – ▫Investments include housing supports for expectant mothers and vulnerable youth ($5M), Nurse Family Partnership ($15M/year), Real Alternatives ($4M/year), Maternal & Child Health ($8.2M/year), Safety Pin ($11M/year), and My Healthy Baby ($3.3M/year)
Increases funding for On-My-Way Pre-K – ▫Expands eligibility to 138% FPL (from 127% FPL), Increases annual grant cap from $6,800 to $7,500
Doubles funding for sexual assault victims’ assistance to $4M each year
Increases funding to $300K each year for All Pro Dads to promote fatherhood and parent/child engagement
Funds the Commission on Improving the Status of Children
Increases the dependent child exemption to $3,000 for the first year a child is claimed as a dependent

Medicaid Assistance
- Funds the Governor’s proposed Medicaid reimbursement rate increases for dentists, home health agencies, and other waiver services providers and adds $20M in FY 24 and $40M in FY 25 to increase reimbursement for physician services to 90% of Medicare (vs. 83%)

Local Public Health
- Appropriates $75M in FY 24 and $150M in FY 25 to support a public/private partnership approach to local public health services

Mental Health
- Appropriates $10M for regional mental health facility grants to support a regional approach to mental health services for incarcerated individuals
- Provides an additional $1M each year for child behavioral health services
- Adds $6.5M in each year to provide reimbursement for services provided by community mental health centers in the group home setting

DCS provider rate increases
- Includes $38.5M across FY 24 and FY 25 for rate increases for home and community-based services

Supports Indiana veterans with $1M each year for suicide prevention and $2M each year for career and relocation assistance

Expands uses the READI grants to include initiatives that support mental health, public health, housing infrastructure, and broadband expansion

Creates a $500M deal closing fund for the IEDC to pursue transformative economic development projects

Establishes a $150M revolving fund for site acquisition to complement the IEDC’s deal closing fund

Appropriates $1.25B in FY 23 to finish the remaining capital projects originally funded in the 2021 budget•
Appropriates $300M over the biennium to tackle deferred maintenance projects for state assets
Provides the $10M state match needed to land a transformative early literacy grant from the Lilly Foundation
Cash funds the top capital project priority of each state university
Appropriates $15M for land conservation and $50M for Next Level Trails

Provides funding to increase starting salaries for state troopers to $70,000 per year
Provides a corresponding increase to the pay matrices for Conservation Officers, Gaming Agents and Excise Police
Appropriates $60M across the biennium for juvenile justice initiatives (HB 1361)
Appropriates additional funds to DHS to improve regional firefighter training sites, enhance EMS readiness, and implement the PFAS biomonitoring pilot project (HB 1219)
Fully funds the Supreme Court’s requests for problem-solving courts and court technology

Increases funding for graduate medical education residency Programs
Increases university operating appropriations by 4% in FY 24 and an additional 2% in FY 25
Provides $5M to Purdue University to upgrade laboratory facilities at the Animal Disease Diagnostic Laboratory (ADDL)
Fully funds the state’s financial aid programs at the projected expenditure levels for both fiscal years
Funds an additional $50 for a 13th check in FY 24 and FY 25 for retired public employees (traditional 13th checks are authorized and funded in HB 1028)
Invests $2.35B in the Pre-1996 Fund, which includes a $250M supplemental deposit into the Pre-1996 Fund in FY 25
Fulfills the promise to direct all gasoline use tax revenues to road funding in FY 24 instead of FY 25 under current law
Fully funds state employee pay raises granted by the Governor
Provides funding to modernize several National Guard armories