Hoosiers can remain confident that our financial footing is stable, as Indiana closed fiscal year 2025 with $2.5 billion in reserves – maintaining a necessary and practical 11% balance. This reserve amount is critical to maintaining our AAA credit rating, flexibility and independence with the in- and out-flows of funds, and forty days of operational cost coverage as a buffer to unforeseen circumstances. The State Comptroller’s Office is responsible for maintaining the official book of record for financial transactions and year-end close. To learn more, click here.
Now, we turn our attention to the preparation of Indiana’s Annual Comprehensive Financial Report, commonly referred to as the ACFR, which is a set of audited financial statements and statistical data. The ACFR is the verified evidence of our state’s financial position, which for fiscal year 2025, we expect to continue to include a low debt level, well-funded pensions, healthy cash reserves and a balanced budget.
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