Column: State closes out year in black, but bottom line not sole factor

In France, July 14 was Bastille Day. Great fun for the French.

In Indiana this year, July 14 was Closeout Day, where the Indiana State Budget Agency summed up the state’s revenues, appropriations and balances for the fiscal year that ended on July 1. Great fun for Indiana number crunchers.

And a great opportunity to take a look at the Indiana state budget.

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