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Bohanon: Spend the Surplus? Been There, Done That

Posted: July 21, 2014

by Cecil Bohanon, Ph.D. Back in 1998, the state of Indiana had more than $1.3 billion in surplus funds in its general account. This was about 57 days of state spending. The state had total surplus funds of more than $2 billion that was over 24 percent of its annual operating revenues. I remember the Read the full article…

 

Filed under: Indiana Writers Group
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