The Fiscal Forecast is Partly to Mostly Flat
Governor Daniels expected announcement tomorrow to privatize the lottery comes at a time where the state is looking for some extra cash. The revenue forecast expected tomorrow will show pretty flat numbers. Budget Director Chuck Shalliol says the state isn’t in a crisis, but happy times also aren’t here either. Shalliol wouldn’t give me exact figures, but he says based on the forecast if Indiana were going to buy a car, it would want get something nice, but reliable. Privatizing the lottery could bring a $1 billion for higher education, however with full-day kindergarten and the state’s other financial obligations, tomorrow’s forecast definitely shows cloudy financial skies for Indiana.
