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Introducing Money Mondays: Learn How State Tax Dollars Are Used

 

Michelle

By Michelle Cain

January 13, 2020

Happy New Year! As we roll into 2020, DOR will be showcasing Money Mondays for Tax Talk.

https://www.in.gov/dor/6880.htmWhat is Money Monday you ask?

On the first Monday of each month (Money Monday) you will learn how Indiana tax dollars are used by various state agencies.

For January, we’re talking DOR and how we administer taxes.

What exactly does that mean?

Well, DOR collects all state tax dollars and ensures that these taxes are filed and paid in a timely manner.

What it doesn’t mean:

It doesn’t mean that DOR is the distributor or even determines where these funds go. In fact, the Indiana Legislature determines where these funds go. Once processed, funds collected on behalf of the state are made available to state agencies with the oversight of the State Budget Agency.

Throughout 2020, we’ll explore 12 different state agencies to see how the funds they receive are used.

These agencies include:

  • Department of Revenue (January)
  • Department of Natural Resources (February)
  • Family and Social Services Administration (March)
  • Department of Environmental Management (April)
  • Indiana State Police (May)
  • Department of Corrections (June)
  • Department of Education (July)
  • Blind School (August)
  • State Department of Health (September)
  • State Library (October)
  • Indiana Department of Veterans Affairs (November)
  • Department of Homeland Security (December)

Stay tuned to upcoming Money Mondays of Tax Talk to learn more.

We’ll also be sharing information on all of our social media platforms. You can find us on Facebook, Twitter, Instagram and LinkedIn.

For more information visit our Indiana Tax Dollars at Work webpage.

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