News Releases

Statement from State Sen. Ryan Mishler on the 2023 fiscal closeout

State Sen. Ryan Mishler (R-Mishawaka) made the following statement regarding the 2023 fiscal closeout:

STATEHOUSE (July 13, 2023) – "I am pleased to see Indiana's continued commitment to fiscal responsibility reflected in the fiscal year-end results.

"In recent years, the state legislature has been able to make additional payments to the Pre-1996 Teachers' Retirement Fund. Once this fund is fully self-sustaining, we will have at least $2 billion freed up in the biennial state budget, meaning we can consider streamlining our tax system or other transformational changes to help Hoosiers. This is what we will begin considering this interim through the State and Local Tax Review Task Force.

"In addition, while Indiana's Medicaid spending in FY 2023 was lower than anticipated, as I said during the 2023 legislative session, I have concerns about Indiana's expanded Medicaid spending for the upcoming biennium. During the interim, I will be looking at requested changes to the Indiana Medicaid program and trying to find ways to ensure we can continue to pay for them while balancing other state needs.

"I look forward to discussing the state's financial opportunities more thoroughly this interim and will keep the results announced today in mind as we have these discussions."

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State Sen. Ryan Mishler (R-Mishawaka) represents Senate District 9,
which includes portions of Elkhart, Kosciusko, Marshall and St. Joseph counties.
Click here to download a high-resolution photo.