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Indiana’s Budget and Purdue’s Appropriation

Indiana’s Budget and Purdue’s Appropriation. BIER Committee Presentation to University Senate April 23, 2012. Purdue’s appropriation from the State Budget in 2013 is the same as in 2003; it has declined in real dollars. Up 6% since 2000. Down 32% since 2000. Payment Delays

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Indiana’s Budget and Purdue’s Appropriation

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  1. Indiana’s Budget and Purdue’s Appropriation BIER Committee Presentation to University Senate April 23, 2012

  2. Purdue’s appropriation from the State Budget in 2013 is the same as in 2003; it has declined in real dollars Up 6% since 2000 Down 32% since 2000 Payment Delays (Repaid in 2008-09) Spending cuts Below appropriations

  3. The decline in manufacturing employment was one reason for slow growth

  4. Indiana’s budget struggles through two recessions and a sluggish expansion

  5. Medicaid appropriations grow rapidly; higher education appropriations grow slowly

  6. Ivy Tech and Student Assistance see growing shares of higher ed appropriation; Purdue sees a smaller share

  7. Ivy Tech and Student Assistance see growing shares of higher ed appropriation; Purdue sees a smaller share

  8. Why has Purdue’s State Appropriation Stagnated? • Slow growing economy restrains revenue • Two recessions and two slow recoveries since 1998 • Decline of manufacturing employment due to shift of jobs overseas and (especially) productivity growth • Indiana responds with spending restraint, not tax increases • Medicaid costs take up more of the budget • Higher medical costs and more beneficiaries • Larger share of higher education appropriation goes to Ivy Tech • Importance of post-secondary education due to decline in manufacturing employment • Larger share of higher education appropriation goes to State Student Assistance Commission • Tuition aid goes to students instead of institutions

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