IN Finances Under Pressure

Indiana’s finances are taking a major hit from the coronavirus. Officials say it remains to be seen how big it will be. The virus continues to spread, with the state’s tally of cases rising by 273, to over 17 hundred, including 35 people who have died. Unemployment claims have skyrocketed with business and factory closings in the past couple weeks. Insiders say perhaps $1 billion dollars will have to be spent from the state’s $2.3 billion in cash reserves to get through the budget year that ends June 30th.