Budget Explorer · State of Indiana

Where the money comes from, and where it goes

Comparable revenue, spending, and debt for Indiana's state government, on the same Census classification used for all fifty states and every city and county in the Library. Transfers to local governments and school districts are broken out, since for most states they are the single largest line. Latest year: FY ending Jun 30, 2024.

Audited actuals · Census classification · 6.83M residents

Total revenue

$58.0B

$8,485 per resident

Total spending

$57.7B

$8,440 per resident

Spending per resident

$8,440

29th percentile of 50

Debt outstanding

$8.49B

$1,242 per resident · 13th percentile of 50

Own-source share

59%

19th percentile of 50

Capital share

7%

49th percentile of 50

Where the money comes from

$58.0B total

Own-source revenue (taxes, charges, interest) versus aid from other governments. Utility and trust revenue are shown alongside general revenue but run on their own books.

  • Property tax$15M0%
  • General sales tax$11.0B19%
  • Selective sales taxes$5.17B9%
  • Income taxes$9.06B16%
  • License & other taxes$1.21B2%
  • Federal aid$23.6B41%
  • State & local aid$172M0%
  • Charges & fees$4.40B8%
  • Interest, fines, other$2.96B5%
  • Liquor & insurance trust$435M1%

Own-source share of general revenue 59% · federal aid 41% · property tax is 0% of taxes

Where it goes

$57.7B total

Current operations plus capital outlay, grouped by Census function. Interest on debt and transfers to other governments are broken out so they are not hidden inside services.

  • Public welfare$23.0B40%
  • Transfers to other governments$14.8B26%
  • Education$9.47B16%
  • Transportation$3.17B6%
  • General government$2.79B5%
  • Public safety$1.71B3%
  • Environment & housing$1.29B2%
  • Health & hospitals$1.11B2%
  • Interest on debt$289M1%
  • Culture & recreation$94M0%
  • Other$19M0%
Show top functions with operating vs. capital ▸
FunctionCategoryOperatingCapitalTotal
Public welfarePublic welfare$22.9B$32M$22.9B
Higher educationEducation$5.95B$770M$6.72B
HighwaysTransportation$599M$2.37B$2.97B
General (unallocable)General government$1.56B$70M$1.63B
Education assistance & subsidiesEducation$1.21B$1.21B
Higher education (auxiliary)Education$1.16B$25M$1.19B
Corrections (institutions)Public safety$825M$230M$1.06B
HealthHealth & hospitals$900M$9.1M$909M
Housing & community developmentEnvironment & housing$720M$720M
Natural resourcesEnvironment & housing$493M$63M$556M
Police protectionPublic safety$417M$91M$508M
Financial administrationGeneral government$440M$12M$451M
Education (other)Education$354M$3.9M$358M
Judicial & legalGeneral government$278M$6.1M$284M

Trend · 3 fiscal years

Nominal dollars. The Census Bureau cautions that single-government series are edited only for aggregates — read direction, not decimals.

Revenue

+1% over 2 yrs

FY2022FY2023FY2024

$57.4B$58.0B

Spending

+17% over 2 yrs

FY2022FY2023FY2024

$49.4B$57.7B

Debt outstanding

+0% over 2 yrs

FY2022FY2023FY2024

$8.45B$8.49B

How it compares · the 50 states

Percentile within the cohort on each place's latest Census year. Higher is not better — the last column says what a high reading means so you can decide whether it matters here.

MeasureIndianaCohort medianPercentileHigher means
Spending per resident$8,440$9,466
29th
more spent per resident
Revenue per resident$8,485$9,800
23rd
more raised per resident
Taxes per resident$3,866$4,114
39th
heavier own-tax load
Debt per resident$1,242$3,139
13th
more borrowed per resident
Own-source share of revenue59%64%
19th
less dependent on aid
Federal aid share of revenue41%35%
83rd
more exposed to federal cuts
Capital share of spending7%7%
49th
more building, less operating
Interest share of spending1%1%
15th
more spend servicing debt
Debt ÷ annual revenue0.15×0.29×
9th
more leveraged
  • Census classification categories, not this government's own budget structure. Figures are audited actuals for the fiscal year shown, not the adopted budget.
  • The Census Bureau edits unit-level data only to produce state and national aggregates and advises against reading it as a precise time series for any single government; treat year-over-year moves under ~5% as noise.
  • Employee-retirement-system revenue is excluded (published separately by Census). Utility and insurance-trust revenue are shown separately from general revenue.
  • Source: U.S. Census Bureau, Annual Survey of State and Local Government Finances (Individual Unit public-use files), unit 180000227526 (Indiana). Retrieved 2026-09-07. Classification manual.

Spot an error, or know a better source for this place's adopted budget? Suggest an edit on the assessment.

For how this shapes what Indiana and its cities can deliver — preemption posture, revenue authority, the binding constraint — see the Indiana state profile.

The Civic Infrastructure Diagnostic Framework’s structural elements — the four cluster labels, the six capacity dimensions, and the binding-constraint framing — are licensed under CC BY 4.0. Anyone may use or adapt them with attribution. Tool implementation and full article text © 2026 JTV Advisory LLC.