That is Indiana’s projected deficit for the current fiscal year. If nothing is done to cut costs, the fiscal year ending June 30 will be in the red.
In. has cash reserves ie. "rainy day funds". IL. Mi. and Oh. do not. In. will not be "in the red" if cuts are not made. Legislation to use the "rainy day fund" could offset any budget shortfall.
Thats why I laughed out LOUD at your chart. It does not give a true picture of each states current fiscal situation .