Message from the Executive Director
IAC Budget Reductions
The State of Indiana has encountered revenue shortages greater than anticipated and as a result, all state agencies are being required to take another 5% reserve from their budgets. As an executive state agency, this reserve requirement applies to the Indiana Arts Commission. The IAC staff and Commissioners fully support the Governor in his actions to balance the State budget. While it is difficult to take another cut in our budget, we are grateful that the state budget agency and Governor’s office have determined that the IAC should be treated the same as all other agencies and is not being further reduced for this fiscal year.
Members of the Committee on the Future (our finance and planning committee) met Tuesday, November 17 and agreed to recommend to the full Commission further, significant reductions to the IAC’s administrative budget and reductions to the Majors and Regional Arts Partner grants (Regional Block Grant and Community Arts Program components) by 4.5%. At this time, Individual Artist Program (IAP) grants have NOT been reduced. We feel that a reduction might substantially affect the scope or viability of many IAP projects, and therefore, have taken other measures to meet our budgetary reduction requirements. We have also, in this year, already substantially dropped the number of IAP recipients.
Although these changes are not final until the Commission meets on December 11, the members of the Committee on the Future agreed that we could release these tentative grant amounts so organizations can begin planning accordingly and so that the IAC can start the contract process now rather than in December. While it is not entirely within our control, we anticipate that if these changes are ratified by the full commission, your first payment should be issued in January 2010.
Thank you for your patience as we work through this difficult economic time.
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