Gov. Mike Braun announced that Indiana state employees will receive a one-time bonus in their July 29 paycheck. The bonus, which will cost the state around $80 million, is a result of the state’s strong fiscal discipline and better management across state government.
Details of the Bonus
Executive branch employees will receive up to $2,500 depending on their time of service, while part-time employees will receive half of what full-time employees get. This move is similar to a bonus given by former Gov. Eric Holcomb in 2024.
The state’s contingency fund, which usually covers salary adjustments, was reduced by 90% in the current state budget. However, a new revenue forecast showed that the state could take in more money and accumulate a surplus of nearly $5 billion by mid-2027.
Original reporting: Mirror Indy — read the source article.
