Indiana Legislators to Receive Revenue Forecast

INDIANAPOLIS (AP) – Indiana lawmakers are set to get their first projection at how much money will be available for the new two-year state budget.

That will come from a tax revenue forecast scheduled to be presented Thursday to the State Budget Committee.

Those projections will be used by Republican Gov. Mike Pence's administration and the General Assembly's budget writers during the legislative session that starts next month.

Leaders of the GOP-dominate Legislature say the budget talks will include revisions in how more than $6 billion a year is distributed to K-12 schools around the state.

The Pence administration told state agencies to make spending cuts as this year's tax revenues have trailed projections. But Democrats have criticized those cuts being made while the state has a $2 billion surplus.