Press Releases

  • 17 Jan 2019 8:00 AM | Administrator (Administrator)

    The Indiana Fiscal Policy Institute (IFPI), a privately-supported, independent research organization analyzing state and local tax and budgetary policies, has named public affairs veteran Chris Watts as its new President.  Watts assumes his new duties as the 121st Indiana General Assembly begins its schedule of budget and other committee hearings.

    “We’re excited to announce Chris Watts as President of the Indiana Fiscal Policy Institute,” said Katrina Hall, chair of IFPI’s board and Director of Public Policy for Indiana Farm Bureau.  “After 32 years, the Institute’s mission is more relevant than ever; we look forward to working with Chris on a research agenda exploring issues of how Indiana collects and spends taxpayer money, and the impacts on Hoosiers.”

    Watts has been a public affairs consultant for business and community groups, adding more than a decade of experience as an executive at an Indy-based marketing agency.  He also served as Vice-President of Research and Communications for the Central Indiana Corporate Partnership, helping launch and promote statewide industry initiatives like BioCrossroads, Conexus Indiana and the Energy Systems Network.

    The IFPI was formed in 1987.  Since its inception, IFPI’s research has spurred action on issues like unfunded public pension liabilities and added valuable insight to debates over property tax reform, the scope of state sales taxes, how state revenues are divided among local governments and more.  Its Board of Directors launched a search for a new President in mid-2018 to continue these efforts.

    “Working in public policy, advocacy and economic development over the course of my career, I’ve valued the Fiscal Policy Institute a respected, impartial authority on state tax and fiscal policy matters,” Watts said.  “By using independent, objective research to inform policymakers and the public, IFPI can play a key role in addressing two-year budget issues and twenty-year fiscal challenges alike – I’m eager to get started.”

  • 12 Jul 2012 10:03 PM | Administrator (Administrator)

    INDIANAPOLIS, IN (July 12, 2012) – The Indiana Fiscal Policy Institute (IFPI) today released its report “Indiana’s Fiscal Condition – A Different Set of Policy Choices” that provides analysis regarding the State’s financial picture and also anticipates the challenges facing a new governor and the General Assembly in 2013.

    “The new governor and legislators still will certainly have a tough time balancing the budget, but this time it will be in the form of resisting temptation to spend instead of identifying ways to cut expenses,” said John Ketzenberger, president of the IFPI. “There will likely be pent-up demand among many constituents for new or additional spending and it is harder for policymakers to say no to them when there are surplus funds.”

    The report previews the unique set of circumstances facing the state as it enters a transition phase after Nov. 6 when, for the first time in eight years, the state will have a new governor. It’s likely, too, that nearly 40 percent of the members of the General Assembly will be entering their first or second terms, a remarkable period of turnover for the legislative body. Just days after taking office the new governor and the remade Legislature will begin the work of assembling the state’s next two-year budget. Add the fact there will be a new chair of the House Ways and Means Committee, and this will be a most interesting session from a fiscal perspective.

    Among the questions likely to be considered in the 2013 General Assembly session are:

    How will any new spending affect the state’s surpluses? Will these expenditures be one-time expenses, such as capital projects, that reduce the overall surplus, or will they be ongoing expenses, such as education, that will affect the structural balance?

    Will surplus funds be used to further reduce taxes?

    Should the state undertake plans to reform how it funds the Teachers Retirement Fund?

    These questions and others also are affected by the sluggish economic recovery and concerns that another recession would create renewed havoc on tax revenue. Indiana’s increased reliance on sales and income taxes to pay for education, especially, makes it vulnerable to economic downturns that would make additional spending moot. The new policymakers will have to carefully consider these economic factors as they consider the state’s fiscal future.

    The full report can be found on the Indiana Fiscal Policy Institute Web site –

    You also can contact the IFPI office:
    Indiana Fiscal Policy Institute
    One American Square, Suite 150, Indianapolis, IN 46282
    (317) 366 - 2431


    The Indiana Fiscal Policy Institute (IFPI), formed in 1987, is a private, non-profit governmental research organization. The IFPI’s mission is to enhance the effectiveness and accountability of state and local government through the education of public sector, business and labor leaders on significant fiscal policy questions, and the consequences of state and local decisions. The IFPI makes a significant contribution to the important, on-going debate over the appropriate role of government. The IFPI does not lobby, support or oppose candidates for public office. Instead it relies on objective research evidence as the basis for assessing sound state fiscal policy. Contributions to the IFPI are fully tax deductible under section 501(c) 3 of the Internal Revenue Code.


    IRS CIRCULAR 230 DISCLOSURE: In compliance with U.S. Treasury Regulations, we inform you that, unless otherwise expressly stated, any federal tax advice contained in this communication (including any attachments) is not intended or written to be used, and it cannot be used, by anyone for the purpose of (i) avoiding federal tax penalties that may be imposed by the Internal Revenue Service or (ii) promoting, marketing or recommending to another party any transaction or tax-related matter addressed herein.

Indiana Fiscal Policy Institute

One American Square Suite 150
Indianapolis, IN 46282

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