(Indianapolis, Ind.) - Indiana state workers are getting bonuses after news that the state has a growing surplus.
State Auditor Tim Berry said last week the surplus has reached $1.2 billion.
Governor Mitch Daniels announced Friday the extra cash is making it possible to reward state workers with bonuses between $500 and $1,000 based on their performance. The bonuses will total between $15 million and $20 million.
“No state anywhere comes close to Indiana’s record of spending tax dollars carefully, with total savings over the last six years in the billions. Your spending efficiency has enabled us to stay in the black even as revenues plummeted,” the governor said in a memo to state employees Friday.
Daniels says the rest of the surplus will remain untouched and not be used to restore cuts to education or health care.
Indiana has 28,069 full-time state employees. They went three years without pay raises before the pay-for-performance increase earlier this year.
State employees will see the bonus money credited to their paychecks in either late July or early August.